Chemtura Corp (fka CHMT)

[rjhstock]

Rogerson mentioned pre-BK...

... that they were working toward an asset sale (see headlines from earlier this year for CEM). What has changed for them to not pursue this course of action? In fact, they voluntarily filed BK to give them more time to find a suitor and to allow the economy to recover such that the suitor pay a fair price. Everything is going forward IMO and nothing has changed. The risk/reward for this BK is the lowest IMO among BK's and that is why there are A LOT of strong hands in CEMJQ.