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Cornerstone Realty Income (TCR) Message Board

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  • eotruba eotruba Jan 31, 2005 5:42 PM Flag

    CLP selling notes

    Will the conversion ratio be better or worse ? In my past life I was Banker and I worked on several mergers and buyouts. If there was a potential liability we would set the initial price with the liabilty being considered. Say in this case we considered the IRS @ 100K - 300K. These are only guesses so dont nail me to the wall. If these folks at Colonial are as smart as everyone thinks they are they should have followed similar guidelines. All things being equal the ratio should be a fraction higher or at least the same. I would guess .258 to .259.


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