This all depends on the equity left in the company. Last year they were +500 million. This year they could be under that, or in the negative. If they are in the negative, then they probably won't keep it. My hope is that with the recent decision, they can start making money and saving, and therefore NOT be in the negative in equity and will keep the stock.
It would be smart to keep it in the sense that all retirees or current employees that hold shares already will get to keep them and the money for them, PLUS get a piece of that 35% and other incentives that upper management has offered.
Or they will just tell them that they will issue new shares to them in the first place. This way they keep it, or they get them back in the new company.
