can sps trust be forced to buy out pxupa's? , page-6

Hi ASF,
The compulsory acquisition referred to is the right of paperlinx to mop up residual hybrids, not the holder of the hybrid.

The face value is always $100, the market value is just what people are willing to pay for them.

If you look at page 6 of the pdf file "key terms", it spells out the realisation and exchange rights.

So no joy for hybrid holders, except if paperlinx violate the terms,are taken over , or are wound up.



cheers