Syncora Holdings Ltd. (fka SYCRF)

[rockraider3]

I thought I did a back of the envelope valuation on American Roads a few years ago. I probably should try to dig it up in the historical posts, but don't really think the message board is friendly to those sort of searches. I think I had it pegged around $200 million at the time, if I recall correctly.

Obviously there is more to American Roads than just the Windsor tunnel though. I still think that once the McQuarrie litigation is done, we will flip this business or spin it out. But that could still take a while.