Tronox Inc. (TROX): No reason to keep A and B shares after t...

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titaniuminvestor

Re: uhlmant post# 2602

Wednesday, 04/14/2010 12:48:51 PM

Wednesday, April 14, 2010 12:48:51 PM

No reason to keep A and B shares after the emerging from bankruptcy. The B shares are a legacy of the Kerr McKee shares held after the IPO of Tronox. The A shares were part of the initial IPO.

After Kerr McKee dumped the B's, and the voting rights, there was no reason for them to exist any longer.

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