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Re: Faucet post# 101391

Wednesday, 11/21/2007 10:34:07 PM

Wednesday, November 21, 2007 10:34:07 PM

Post# of 250260
I agree he is too entrenched to cash and bail. But he does still own a lot of SWVC. Why not just take the cash?

details to be seen, of course, but I think CDs will be moved to the parent in GS leaving profitable subs to flourish, be "moved" perhaps...

CD holders will no longer cash in on burgeoning businesses at "embryo" deal conversion rates. Parent shareholders will be compensated at FMV with shares in subs/cash and the agreed (and increasingly profitable) assets will move to SWVC.


What kind of financial gymnastics would this take to pull off? Seems to me that the CD holders would have to agree to this type of shift.
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