Re:SoftBank Succeeds in Tender Offer for Large Stake in Uber
by JumpCrisscross on Thursday December 28, 2017 @04:41PM
(#16025123)
> It’s not uncommon to price the common shares differently in tender offers
This tender was not restricted to common stockholders. Some preferred stockholders, who bought in recent rounds, sold down or flat. Practically nobody, if not absolutely nobody, who tendered common stock to DST in 2009 lost money on their original investment. The same isn’t true with Uber.
[1] http://kara.allthingsd.com/20090713/facebookers-start-cashin...