Syncora Holdings Ltd. (fka SYCRF)

[dukelasilvertbird]

Will the stock go up from this 246 million. TIA

NEW YORK, Dec. 4, 2013 /PRNewswire via COMTEX/ -- Syncora Holdings Ltd.
("Syncora") today announced that its wholly owned, New York financial guarantee
insurance subsidiary, Syncora Guarantee Inc. (the "Company"), has settled all
litigation and claims and that it has commuted all its insurance policies issued
in connection with the Jefferson County, Alabama ("Jefferson County") Sewer
Warrants (the "Warrants") pursuant to the consensual plan of debt adjustment of
Jefferson County (the "Plan"). As provided by the Plan, the Company also
received a partial recovery on claims totaling $246 million, including claims
with respect to certain Warrants it owned as a result of past payments under its
insurance policies. Going forward, the Company will have no insurance exposure