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Re: Dutch1 post# 26382

Thursday, 07/31/2014 12:20:18 PM

Thursday, July 31, 2014 12:20:18 PM

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(edit) Dutch, the 9% of the plants owned by a third party is not debt. It's simply multiple owners of the plants. Think of it this way. You buy a 10% share of a building together with another person that buys the other 90%. The other person is not indebted to you for your 10% ownership in the building.

If the other company were to buy out your 10%, it would not be a reduction of of their debt, since they were never indebted to you. It would be a buyout of your share of ownership.
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