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Re: jet1968 post# 5338

Thursday, 12/18/2014 1:38:04 PM

Thursday, December 18, 2014 1:38:04 PM

Post# of 6681
It's 1/12/15 and, yes, lot's on the agenda.

Check out docket #2776 and the emergence of "Retail Investors in Secured Notes" as another player in the grab-bag for estate assets. They offer several objections to the debtor's emergence plans, amongst which is buried a new revelation that Exide does not intend to remain a publically traded company, meaningf noteholders would only get some cash settlement of as yet unspecified criteria.

There has never previously been a privatization mentioned in any official document I have read. I would view this as a signal that either Exide intends to remain private if its PoR is approved, or that any envisioned takeover would involve private equity and not another public company.

My further guess is that this "gem" came from one of the secret, hidden transcripts that are kept from public view in some vault in Wilmington, Delaware for whatever purpose their secret concealers intended.

JMHO.

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