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Re: thebobber post# 73375

Wednesday, 01/20/2010 6:01:25 PM

Wednesday, January 20, 2010 6:01:25 PM

Post# of 111729
I think it's the other way around.

RWE is littered with debt. Lots of debt is bad for a company. BEHL, on the other hand, has very little debt. JV is a much better deal for BEHL than for RWE, because that way RWE's debt isn't strapped to BEHL.

It was stated that RWE was to be utilized for engineering purposes.