RE: RE: Suspense Continues They did announce it, in the recap plan, as long as it gets don before Dec 31 nothing more needed. Though to be safe, I'd think they'd announce they they well be converting Dec 31 if the recap does not go through.
valuinvestor - Correct me if I am wrong but that, technically, was not the conversion available in the prospectus. it was actually something quite different which sidestepped the matter of the unpaid cumulative dividend. What I was trying to better understand was what has to happen, if anything, before the notice period for conversion expires. If Yellow doesn't give notice and Dec 1 comes and goes, then what?