1.  If this situation arises, however, preferred shareholders do not have the right to have the firm declared insolvent, unlike bondholders.

2.  Participating preferred shareholders have the right to have their shares converted to ordinary shares if the dividend is passed for a given number of years.

3.  Management will sometimes request a catch-up dividend before further dividends are paid to the preferred ordinary shareholders and ordinary shareholders.

4.  Although other preferred shareholders have requested such meetings in the past and have even nominated candidates, no such election has ever taken place.

5.  Another favorable element is that preferred shareholders will get their money back before common shareholders should the company go bankrupt.

6.  After five years, the preferred shareholders will have the right to convert their shares to common stock of Tele-Communications.

7.  By Colombian law, Ganadero must offer preferred shares to current preferred shareholders whenever it sells ordinary shares.

8.  By voting no, the preferred shareholders could derail the merger.

9.  Currently, the preferred shareholders hold veto power over mergers, acquisitions and other transactions by the subsidiaries.

10.  Ford said it will pay preferred shareholders the original stock price plus accrued dividends.