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Crusen

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Crusen

Re: light1soldier post# 16898

Thursday, 05/28/2015 10:36:01 PM

Thursday, May 28, 2015 10:36:01 PM

Post# of 18419
This is incorrect:

that if within 3 years loan isn't repaid then Leucadia has rights to sell non-core assets in newco....



In fact, loan repayment has no bearing on LUK's rights to force a sale after 3 years.

LUK holds these rights no matter what, until the assets of Newco are sold.

This is the fact being ignored. Sorry, but you appear to have misread the terms slightly. Oops, too bad for you!
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