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1manband

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1manband

Re: Daniel Son post# 1226

Tuesday, 09/11/2018 4:08:49 PM

Tuesday, September 11, 2018 4:08:49 PM

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No, you said yourself. CSC owns Bon-Ton now. Not BONTQ. CSC paid $900K to buy it from BONTQ. It is in all the filings and news stories.

https://www.bizjournals.com/milwaukee/news/2018/09/10/judge-signs-orders-approving-sale-of-bon-tons.html

They didn't buy BONTQ or the common shares of BONTQ, just the assets through the Federal Bankruptcy Court. They formed a new subsidiary, 100% owned by CSC, for the assets. BONTQ owns NOTHING.

So explain again - how will BONTQ shareholders benefit when they no longer own Bon-Ton and have ZERO to do with the new stores? How will that work?
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