Sea Containers Ltd (fka SCRA)

[andre1234]

It doesn't grant them ownership of a half billion dollar company. From my understanding, they already owned half the interest of GE Seaco prior to the hearing. Ge Seaco is a 50/50 joint venture with Ge Capital maintaining the majority board. So the arbitration ruling didn't grant SCRA anything. Instead, it denied GE Capital the right to purchase SCRA's stake in GE Seaco. Either way, it's a positive development for the company. Still, it would have been interesting to see the results of the valuation that GE Capital wanted do so they could buy SCRA's stake in the company. Anyway, good luck to all.