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Re: billy spec post# 1331

Thursday, 09/20/2018 1:53:08 PM

Thursday, September 20, 2018 1:53:08 PM

Post# of 1360
Bon-Ton has no money, and they are not reopening any stores.

The rights to the name and the stores was SOLD under the asset liquidation. It is now owed by CSC. It has nothing to do with BONTQ.

Why is the concept of "New Owner" so difficult to understand? If you sold your house, and the new owner put a bunch of money into remodeling, would you somehow expect to own the new remodeled house? Of course not - the NEW OWNER owns it.

The same is true of Bon-Ton. It is no longer owned by BONTQ, and BONTQ shareholders will not receive any benefit from the new stores.