Agreed. The shares had to be truly cancelled in order to be compliant with the reorg plan.
However, I think that we will be given the option here within the next month to redeem our shares in exchange for agreeing not to sue the debtors. If the debtors don’t make this offer, they will have a massive shareholder lawsuit liability (recall that Windstream turned down a $1.5B loan by Elliott, post Aurelius ruling, that would have kept Windstream out of bankruptcy).
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