11. The effect would be to dilute the stake of the concentrated owner to the extent that no one would dare to buy enough shares to set off the pill. 12. The holdings could be lowered either through other acquisitions, which would dilute the stake, or through a sale of shares. 13. The idea that owners should be not be able to stop options programs that significantly dilute their stakes is just bull-market bunk. 14. The only losers, of course, are the shareholders, whose stakes are diluted by the issuance of shares to retire the debt. 15. The Zell proposal, which would dilute the stakes of existing shareholders in the REIT by at least half, may not yet be a firm deal. 16. To be sure, shareholders who have held on will likely see their stake even further diluted. 17. Triggering the poison pill would result in Time Warner issuing loads of stock, diluting the stakes of all holders. 18. While companies enjoy the many benefits of options, shareholders are wising up to the fact that these grants dilute their stakes, sometimes significantly. 19. Citibank has since diluted its stake and is now a minor shareholder of the bank. 20. It was rumoured that the Tantipipatpong family could be the seller after having announced they want to dilute their stake in BBL. |