Q: Preferred shares.
If a company get taken over by another, do their preferred shares if not redeemed at par, get listed on the other company pref.shares.
for example , hypothetically If Husky got taken over by Suncor, would their preferred then get the benefit of higher rating?
Caution fellow members do not take this as a hint!!
Thank you.
If a company get taken over by another, do their preferred shares if not redeemed at par, get listed on the other company pref.shares.
for example , hypothetically If Husky got taken over by Suncor, would their preferred then get the benefit of higher rating?
Caution fellow members do not take this as a hint!!
Thank you.