rights offering

That has required some education on how rights offerings work.

An unusual rights offering seems intended to allow him to increase his stake.

In addition, the types of funds considered suitable for rights offerings have increased.

In fact, Safeguard's stated goal is to average two rights offerings a year during the next five years.

Apparently the rights offering cleared the way for such a deal because the debt had already been reduced.

The year's strong performance let the funds expand their capitalization through a series of rights offerings.

Of the 11 rights offerings in the last two years, four required five rights to purchase one share.

They purchased the stock in rights offerings at book value and sold when the bank seemed to be prospering.

The latter possibility inspired the view that the rights offering was an anti-takeover move.

Share prices of the Nuveen funds have dropped more than 6 percent since the rights offerings were announced.

Rights offerings are usually priced at a discount to the market price, to give investors an incentive to buy.

The funds increase capital through rights offerings because under law they cannot otherwise sell shares at less than net asset value.

But people familiar with the terms of that rights offering said it presented an unattractive alternative for shareholders.

The rights offering is the final part of Euro Disney's second financial restructuring.

So was the aggressive move into the consulting business, using cash raised from rights offerings that investors expected to go for agency acquisitions.

On Thursday the company said it planned to raise about $3 billion in equity capital through a rights offering of approximately 34.5 million shareholders.

How should closed-end fund owners respond to rights offerings?

Item 508 also specifies disclosure requirements for some warrant and rights offerings.

The rights offering is an unusual one.

One investment banker said it had risen because of rumors that the rights offering might be restructured.

He said the board was surprised hat the rights offering was interpreted as a coercive one.

His comments came after the company's shareholders approved a rights offering of 2.26 trillion lira, or about $1.4 billion.

But a blend of advocacy and academic study has recently invigorated human rights offerings on local campuses.

For shareholders, rights offerings present a puzzling array of choices, with little time for study.

Rights offerings, which were virtually unheard of among closed-end funds in the 80's, are rapidly spreading.