FDC 0.34% $2.91 federation centres

Nearly a new high ($3.13): are we still for sale?, page-8

  1. 4,683 Posts.
    This extract seems strangely worded. "Based on the exchange ratio, existing Novion securityholders will own approximately 64% of the Merged Group and existing Federation security holders will own approximately 36%."

    Surely post merge security holders of FDC will own 100%?
 
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