And while some in the NBA responded to Pitino's huge contract by saying he's worth it, it is not clear that unit holders agreed.
32.
"Based on the current price, it is the right time for existing unit holders to increase their investment in the fund, " he added.
33.
Celtics officials said they did not obtain a fairness opinion because the reorganization will have no impact on the ownership interest of unit holders.
34.
The Celtics Monday said unit holders would receive as much as $ 35 per unit after expenses, liabilities, and claims associated with the deal.
35.
`Conversion to corporate form is the most beneficial move for our unit holders and our business going forward, " said Joseph Saggese, BCP's chief executive.
36.
Since it made its original offer in August, Manufactured has been negotiating with several of Chateau's unit holders in an effort to address their concerns.
37.
Chateau said its OP unit holders might elect to convert 6 million units to shares, but only 4 . 5 million are actually convertible now.
38.
As much as $ 175 million of preferred stock will be issued and the conversion by unit holders will be generally tax-free, the company said.
39.
These properties would then provide a steady income stream which can ensure a reasonably attractive yield to unit holders, and with potential for capital growth.
40.
The filing also said : " The timing and amount of any such cash benefit to the public unit holders has not yet been determined ."
