Passage: Canada's largest department store operator said the rights offering will entitle holders of its ordinary shares, except residents in the U.S. and Britain, to subscribe for two additional shares for every five shares held at a price of C$31.25 a share. The record date is Nov. 9.
What event has already finished? What event has begun but has not finished? What will happen in the future? What will happen after the operator said? What might happen after the operator said? What will happen after the rights offering? What may happen after the rights offering? What might happen after entitle?