Thanks for the sentiments. If you wanted to buy this company in full before emergence, you would have to buy all of the CEMJQ, all of the publicly traded bonds, all of the publicly traded general unsecured claims and all of what is being given to management. The window of time for a pre-emergence buyout closed many many months ago but a post reorg M & A type deal is very much in play. With this industry hitting peak levels, it makes tons of sense for a bigger player to come in and try to buy Chemtura with stock that is likely trading at multi-year highs.
Whenever this estate finally emerges, the legacy shareholders, bondholders and other GUCs will all be one big happy family, except for those who exit during the inevitable post reorg selloff.
