Chemtura Corp (fka CHMT)

[chickenvestor]

If he intends to grow the company, they can issue more shares to cover the new purchase. The company is worth more and it will support the added share base if it is a good aquisition. There is no reason for them to come out of this unscathed. They had debt when they entered CH11 and they should carry some debt when they exit. Giving themselves $30,000,000 pats on the back for exiting bankruptcy does little for the company and nothing for the share holders. I admit he has done a good job on the turnaround but he isn't worth that much.