Driving Business Advantage

FOLEY HOAG LLP Driving Business Advantage Liquidation Preference ■ Applies when a "liquidation event" occurs (usually M&A) ■ When distributing liquidation proceeds, preferred stock has right to get a certain amount of money back before the common stock gets anything (the “preference.") © 2014 Foley Hoag LLP. All Rights Reserved. 23 3 Copyright Jonas Lindström 2009

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