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RonnieD

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RonnieD

Re: jsthefacts post# 884

Thursday, 10/15/2009 1:42:55 PM

Thursday, October 15, 2009 1:42:55 PM

Post# of 941
there's no comparison. DAN successfully avoided Chapter 11, LEAR did not.
However between Lear's offshore assets which were not part of the Chapter 11 proceedings, and the stated fact that the creditors will be issued the majority (but not all) of the new shares coming is why LEARQ is holding this price.
How much share of the new stock may be owned by LEARQ holders is currently uncertain, but it looks like it will be something.

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