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C » Topics » Offering public investors approximately $2 billion in newly issued convertible preferred securities, for which the company already has substantial commitments, and an additional offering of straight (non-convertible) preferred securities.This excerpt taken from the C 8-K filed Jan 15, 2008. Offering
public investors approximately $2 billion in newly issued convertible preferred
securities, for which the company already has substantial commitments, and an
additional offering of straight (non-convertible) preferred securities. These offerings respond to
investor demand, and, in the case of the convertible offering, will provide
shareholders the opportunity to purchase securities similar to those in the
private offering. The company will register the publicly offered securities
with the Securities and Exchange Commission and seek their listing on the New
York Stock Exchange.
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