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Re: stockmojo9 post# 88208

Sunday, 05/17/2020 5:17:45 PM

Sunday, May 17, 2020 5:17:45 PM

Post# of 111172
Neuberger berman was sold/spunoff right away after LBHI declared BK. According to Waske, they spunoff Neuberger Berman right after bk protection but right before the POR was created. I am not sure if the 5 year deferment counts pre POR. I am not even sure what the 5 year deferment is. That is the best answer I can give you.

Edit- is the 5 year deferment their interest/dividend payments? Like what the CTs have? If it is, I assume that it has little impact on a sale or spinoff because LBHI would have to pay off the shareholders.