participating preferred stock

Fully participating preferred stock issuance has been on a steady climb since 2008 in Life Sciences. 

If the provision is triggered, each right will allow stockholders to buy one one-thousandth of a share of a new series of participating preferred stock at an exercise price of $350 per right.

Under the stockholder rights plan, Iron Mountain will issue one-thousandth of a new Series A junior participating preferred stock of the company at 12 cents per share, if the 15 percent threshold is breached.

For example, according to this term sheet, the investors would receive uncapped participating preferred stock, which entitles them to two sources of cash if the company gets sold.

In 1930 in his first major move toward taking the public in on his ventures, Mr. Hearst lumped ten of his more profitable newspapers and the American Weekly in a corporate package called Hearst Consolidated Publications, Inc. He then wrote these properties' goodwill at $75,000,000 and over five years sold $50,000,000 worth of a participating preferred stock.