Unit holders trade on an open market and the value of the unit price is determined by demand and supply.
22.
Pimco said the transaction will result in it issuing 26 . 1 million class A units to existing Oppenheimer Capital unit holders.
23.
Stapling gives the management company an incentive to work for the benefit of the unit holders, rather than just their own shareholders.
24.
Kumipa, set up in 1994 as an investment fund, was aimed at rewarding returns in the form of dividends to unit holders.
25.
Richemont said a strong pound reduced its operating profit by 73 million pounds, and profit attributable to unit holders by 29 million pounds.
26.
However, both unit holders and board members received a copy of the most limited version, only leaving 40 black ones for public sale.
27.
Unit holders will receive about 84 percent of the corporation's common stock, before any reduction from unit holders electing to receive preferred stock.
28.
Unit holders will receive about 84 percent of the corporation's common stock, before any reduction from unit holders electing to receive preferred stock.
29.
Thus, these large investments are broken up into units of smaller value that can be purchased by private investors, who become unit holders.
30.
Chateau said its OP unit holders might elect to convert 6 million units to shares, but only 4.5 million are actually convertible now.