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A non-renounceable legal rights problem will never enable the prevailing shareholder to sell the best to anybody else. He only has two decisions, to buy the discounted shares or not to obtain them.
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A rights concern, as its title indicates, ensures that the prevailing shareholder is issued a right to purchase the new shares at a reduced price. There are two forms of rights concern, renounceable and non-renounceable.
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A broker, often called a brokerage, is a corporation that connects purchasers and sellers of things like stocks and bonds.