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Non-Tech : Any Stock Warrants -- Ignore unavailable to you. Want to Upgrade?


To: M.R. Davis who wrote (697)5/28/1999 10:01:00 AM
From: christopher  Read Replies (1) | Respond to of 1916
 
I believe the conditions that allow for change are determined when the warrants are issued so it varies...also, generally speaking, warrant holders ARE NOT protected to the same degree as common shareholders...if you hold warrants in a company that's bought out by another company than your warrants often are rendered worthless...that's one of the dangers of warrants, you DON'T want your company to be bought out...

Chris



To: M.R. Davis who wrote (697)5/28/1999 6:44:00 PM
From: Richaaard  Respond to of 1916
 
Warrantholders aren't usually protected to the same degree as stockholders but that varies from company to company.

The conditions of the warrants can be changed almost anyway the company feels, all they need to do is file the necessary paperwork with the SEC.

In a buyout or a sale it comes down to the deal that gets struck. Some companies will take care of warrantholders and some won't.