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Corrections Corporation of America Message Board

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  • mecosmo2 mecosmo2 Nov 1, 1999 1:04 PM Flag

    NewMK and Abadaba7

    I don't know if this will meet IRS requirements..
    <<If we are given a choice , then it looks like a
    convertible or
    a preferred stock that has a mandatory
    call date and will pay shareholders face value when
    they mature is our best bet.
    I recently had some
    preferreds that were called at face value. $25. The dividend
    was paid quarterly.
    This apparently is not
    ordinary, but why must all financial
    equities be
    slanted in favor of the company? Comments>>. . .

 
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