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Corrections Corporation of America Message Board

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  • flipper_58 flipper_58 Jan 13, 2000 10:55 PM Flag

    WHC price

    that could pull off getting this new deal
    bounced. NewMK I'm sure is right the creditors wrote this
    deal with Fortress. Most shareholders would have
    jumped at the chance to double up on a $3 rights
    offering, IMO. Make it transferable and the deal is 90%
    sure to get the bulk of what equity is needed by the
    Arbs. 2 shares at $3 is the same a 1 at $6, and the
    everyone would have their share and no 12%(18%)preferred
    loan.

 
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