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“The repurchase would allow shareholders to sell some of the stock back for cash, and at the end of the buyback period, the deal would effectively resemble a roughly half-stock, half-cash transaction, people familiar with the matter said.”
“Take a 25-year-old who starts with a $30,000 salary, gets average raises and saves 9% a year in a half-stock, half-bond portfolio.”
“The investment bank's half-stock/half-cash offer values Cowen at $7 a share and wouldn't be subject to financing conditions, said Rodman & Renshaw.”
“It was put in an old worm-eaten half-stock which he had picked up somewhere, and the barrel had never been dressed nor ground outside.”
“Smurfit-Stone agreed to be acquired by competitor Rock-Tenn Co. in a half-cash, half-stock deal worth $3.5 billion, the companies announced Sunday.”
“Both companies' boards agreed to the half-stock, half-cash deal.”
“Yahoo's sagging fortunes and Google's ascension as Internet advertising king prompted Microsoft on January 31 to offer to buy Yahoo for 44.6 billion dollars in a half-cash, half-stock deal.”
“Are they stocks, are they bonds - what are they? "said Calamos, CEO and chief investment officer of Calamos Investments in Naperville, Ill. What they are is a half-stock, half-bond hybrid - a complex security that has long been popular with hedge fund managers.”
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