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schmitty81

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schmitty81

Re: livingtheday1 post# 2059

Wednesday, 03/21/2012 12:39:03 PM

Wednesday, March 21, 2012 12:39:03 PM

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The 30 mil is just credit it is owed from Grubb and Ellis witch BGC bought from c-III

However, the offer approved in Judge Glenn's order includes an additional $15 million in cash, a change that appears to address creditors' frustrations about receiving no recovery from an offer that was strictly credit.
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