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Re: ValueInvestor01 post# 147278

Tuesday, 10/16/2018 9:41:49 AM

Tuesday, October 16, 2018 9:41:49 AM

Post# of 163724
TRW is distributing 18.3%. In exchange for debt reduction.
If nothing else changes then SIAF will own 36.6% + $50M debt.
If SIAF gives back 18.3% then it will be $62M more.

So, on the ex-date, SIAF's assets will go down by $53M + $9M (A/R + Other debt)

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