TSX:RON.PR.B - Post by User
Post by
MOJOJONOon Feb 03, 2016 7:02pm
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Post# 24522137
Preferred Shares taken out below par... $20!!!
Preferred Shares taken out below par... $20!!!Interesting... I always would have thought preferred shares would be taken out at par $25.
However, the news put out says Lowe will take them for $20.
"all of the issued and outstanding preferred shares of RONA for C$20 per share in cash."
https://www.rona.ca/RonaCorporateArticleDisplayView?docName=B2CPRDSTG_043419&rtName=RT_PRESS_RELEASE&urlRequestType=Base&catalogId=10051&urlLangId=-1&langId=-1&altrtName=RT_PRESS_RELEASE&endecaId=1&storeId=10151&altdocName=B2CPRDSTG_043416