SAD, SAD information - nothing really new nor exciting
KATX is in bad shape financially and is desparate for $$ - KATX is in a depressing situation and if they get a JV, its terms will be at least as poor as the option with VALE = NOT GOOD
GOOD = noone has to worry about Ken being able to put food on his family's table - that debate has been 10k/mo resolved.
These releases will do nothing postitive for KATX' pps - look for it to drop!