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Orion1972

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Orion1972

Re: AMPazzo post# 17735

Monday, 02/04/2019 1:11:45 AM

Monday, February 04, 2019 1:11:45 AM

Post# of 37346
I thought that a couple of years ago PBGC saw or felt that there was real risk of sears going into Bk so they took a 1.7 billion dollar position into kenmore and diehard to off set the short fall in the sears pension. the PBGC was upset because APA gave a value of 0 for kenmore and diehard. Also in all the dockets that where filed before and on friday I didnt see any that included anything from PBGC. just a couple of news articals. Also if you go to their web side there is a statement on their home page saying that they are taking over the sears pension.
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