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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (90425)	3/24/2001 11:35:50 AM
From: re3	Read Replies (1) of 132070

but what status would the shares have ? i think ultimately the tiny minority who absolutely didn't want to tender gets a last chance to tender and if they don't , they are stuck with shares that have no voting rights, can't ever be redeemed and won't get dividends either...so, if 99.8 % tenders, the other .2 % might only keep the shares if they want a souvenir certificate... my understanding was that if something like 95 % of minority shareholders agree to tender, the other 5 % is asked to as well.

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