Sears Holdings Corp. (fka SHLDQ)

[StrategyTrader]

for the purpose of comparison GGP took a year to get out of BK OWED Billions of dollars everyone said common will get nothing based on court documents and how people interpreting the law. was hush hush as they were sifting through the process the price was going up slowly every day and boom there was this release. I believe they keeping a lid on Common Shares till later after approval.

see bellow link for comparison

https://www.reuters.com/article/us-generalgrowth/general-growth-cleared-to-exit-bankruptcy-idUSTRE69K41320101022