RE:What does this mean?I don't know what genius worked out this deal, but those units are priced at a 20% premium to HPQ'S closing price.
The warrants attached are 24% out of the money.
On the surface, many here might think this disadvantagous.
Actually it's not, for HPQ.
It's a push me pull you.
Hpq has to offer less units than it would to retire the debt than it would if it the units were priced lower.
Desperate times call for desperate measures.