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Corrections Corporation of America Message Board

  • newMK newMK Mar 3, 2000 4:20 PM Flag


    % dilution occurs
    only if you don't invest."

    Better do a little
    more work. PL gets warrants for 20MM shares just for
    doing the deal, so there's 10% dilution no matter what
    (assuming the stock goes over $5).

    You do the rest
    of the math, since I'm no good at it. Tell me how
    much more dilution there is under PL if you don't put
    cash in the company.

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