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Re: philipmax post# 3205

Wednesday, 02/02/2011 4:34:07 PM

Wednesday, February 02, 2011 4:34:07 PM

Post# of 8307
Cash is a settlment offer. JPM could theoretically agree to assume the warrant agreement. However, given all that's happened, Steinberg is going to want to negotiate the terms to make sure there's certainty around the payout (both the amount of the award and the costs associated therewith).

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