I am just throwing this out of left field, but has anyone considered that Bonderman is holding this - not until settlement – but until the Judge rules on the 4B and SJ to at least get out at a decent pps (perhaps near a buck) and somewhat save face and dignity without suffering a total loss?
I know that he is a BK expert in his own right, but perhaps he is playing this as we are at this point. No one knows what may happen! If the A>L equation does not look encouraging to him (and he may be privy to more info that we are), perhaps he will cut and run if a decent pps is realized with a few favorable rulings!
In other words, he may be of the opinion that commons MAY be cancelled as well and he is simply holding and waiting for an acceptable exit point!
I truly just thought of this scenario as many here have been saying LOUDLY for months ad infinitum, that if Bonderman is in, it is pretty much a sure thing!
Just a thought … rs