#preferred-to-common-conversion
#preferred-to-common-conversion

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fromwww.housingwire.com

Bill Ackman's Fannie, Freddie plan faces skepticism

Ackman proposes forgiving $193 billion in GSE draws, exercising Treasury warrants to acquire 79.9% common equity, and relisting the firms to privatize them.

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Bill Ackman's Fannie, Freddie plan faces skepticism

#preferred-to-common-conversion
#preferred-to-common-conversion