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CLOUD99

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CLOUD99

Re: LOYS post# 23578

Thursday, 02/14/2019 12:04:42 AM

Thursday, February 14, 2019 12:04:42 AM

Post# of 37346
They offered Kmart shareholders 1 for 1 of new sears holdings stock ( Kmart was trading @ $100+ at that time). For sears share holders they gave 2 options, one being half share Of new sears holding for 1 old sears OR $50 for each old sears share ( old sears was trading $52) at that time.

So the question here is if they offer us 1-1 share of new company, what would the new company evaluated at??
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