Thursday, October 14, 2010 10:39:02 AM
This is debatable. The PRs say >
Therefore, financial assets (aka financial instruments) include:
# Stocks: those securities are shares of ownership in a business that has the legal statute of a corporation. They make the company's own capital, also called "equity".
http://knol.google.com/k/peter-greenfinch/financial-assets-and-stock-market-2/2m7299842u04v/176#
If we have to believe anything else we may as well believe nothing that the PRs are dictating to us.
If BEHL remains a comp of its own, we have to conclude that their shares of ownership constituting the legal statute of a corp remain and along with that all of the S/Hs.
It would make sense to me that all prefs and restric shares given to creditors, among others, are taken over by BNPD but the equity of ownership stays with BEHL which is why it can retain its public status and its S/Hs.
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