(Reuters) - "Assuming 100 percent of the outstanding Trust Preferred
Securities are validly tendered and accepted for conversion,
the debt conversion pretax expense is estimated to be $1.47
billion," Ford said in the filing.
The estimate is based on the June 29, 2007, market price of
Ford common stock of $9.42, according to the automaker.
Read more at Reuters.com Bonds News
Securities are validly tendered and accepted for conversion,
the debt conversion pretax expense is estimated to be $1.47
billion," Ford said in the filing.
The estimate is based on the June 29, 2007, market price of
Ford common stock of $9.42, according to the automaker.
Read more at Reuters.com Bonds News
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