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To: hoopsville who wrote (33908)2/24/2007 8:33:16 PM
From: koan  Read Replies (1) | Respond to of 78421
 
No,no,no-lol. If someone makes a takover bid for RNg the wts get converted to an equal value with the new stock.

Wts are stock options and stock options are contracts. Neither the company taken over or the takeover company can cancel a contract. The contract has to "run with the purchase".

Although when they shut down Party Poker for yanks I lost a lot of money I had accrued in points and qualifications to the 20 million dollar tourney.