CAN THEY CANCEL THE SHARES TWICE - READ THIS CAREFULLY
Page 16 http://www.kccllc.net/windstream/document/1922312200918000000000001 As promptly as possible following the Distribution
, Windstream Holdings and
Windstream Services complete any necessary wind-down activities (which may
include certain actions with respect to assets transferred to Windstream Holdings II
that are ministerial in nature, receiving and sending cash disbursements owed to
Windstream Holdings II or Windstream Services II, making cash disbursements on
behalf of Windstream Holdings II or Windstream Services II while bank accounts are
transferred, transferring payroll functions, and other activities of such nature). Once
such activities are complete, any remaining assets held by Windstream Holdings and
Windstream Services are transferred to Windstream Holdings II or Windstream
Services II pursuant to the Plan (which transfer shall be treated as part of Steps 8
and/or 9, as applicable) and, once such activities are complete, Windstream Holdings
and Windstream Services liquidate and equity in Windstream Holdings is cancelled
for no consideration.
So the equity is not cancelled yet?.If it is already cancelled how will they cancel again when they liquidate?.