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Re: AMPazzo post# 25129

Friday, 02/15/2019 8:57:10 AM

Friday, February 15, 2019 8:57:10 AM

Post# of 37346
There is value in owning 70%.

If they decide to merge SHLDQ with another company, using the NOLs to value SHLDQ shares.... let's say Seritage merges with SHLDQ, that 70% would raise his stake in Seritage over 50%.

I am not saying this is going to happen, but Lampert owning these shares makes the chances he merges them much greater, instead of letting them go to zero.
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