Liftco gives to all 15,000 of its shareholders the right to purchase newly issued shares of Liftco's stock in proportion to the percentage of shares they currently own and before anyone else is offered the shares.
There are different varieties of Laurel plants including the Common (aka Cherry) Laurel (Prunus laurocerasus), Portugal Laurel (Prunus lusitanica) and Bay Laurel (Laurus nobilis) - see our section on Types of Laurel Hedging for more information.
Prunus laurocerasus. 1  English laurel, also called cherry laurel, is a large evergreen shrub or small tree often used for landscaping, usually as a hedge. Related to cherry trees, English laurel gets its common name from its resemblance to the true laurel tree.