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Re: Straight post# 23640

Thursday, 11/11/2010 9:32:45 PM

Thursday, November 11, 2010 9:32:45 PM

Post# of 24889
The wood products division is currently generating virtually no EBITDA. This division of ABH has generated as high as $110mm of EBITDA in the past and I believe for next the 5 years EBITDA for this business will be $100mm/year. Assuming 6x, this business could be worth $600 million alone and is not reflected in the Plan.

'Courts of bankruptcy are essentially courts of equity, and their proceedings inherently are proceedings in equity.'

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