The plot thickens! The meeting documents are going to be a very interesting read to say the least...if they expect investors to choose between the two options, then the detail will need to be covered off in full (eg swap issues, wind up cost, liquidity, etc). Also, how they will equitably split the assets and liabilities between holders in EBI and those going to the new vehicle.
It will be interesting to see how the market reacts on re-opening. A large number of "700 shares" investors may rush to the exit...??? Will BNB continue selling?
EBI
everest babcock & brown alternative inv trust
The plot thickens! The meeting documents are going to be a very...
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