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No. The only factor is the convert price vs the stock price. If the stock price is lower, they will just take the cash and buy the stock on the open market a
by travisoneill1 8y ago
No. The only factor is the convert price vs the stock price. If the stock price is lower, they will just take the cash and buy the stock on the open market at a better price.
- camjohnson26 8y agoExactly. The bonds will be paid in cash at this point, no question.
- zepearl 8y agoThx!