Exide Technologies fka EXTC

[big-yank]

My answer is the same. I do not see JSB, Yuasa, Global, Ramcar or anyone else buying anything but pieces of Exide. There is no corporate takeover likely that would involve all of XIDEQ's common shares.

The only company that might have an interest and the resources to deal with the environmental liabilities would be JCI which I can not see either the U.S. government or the European Union allowing to happen due to monopolistic concerns. Even if an unlikely approval could be secured, JCI would have to do some kind of 3 party deal and spin metals off to someone like RSR/Quemetco which I think would be an impossible deal to structure. JCI would NEVER get into the smelting business and its risky environmental legacy nightmares. Look at the liabilities segment of the Statement of Assets, Liabilities & Financial Affairs filing at exiderestructuringinfo if you want to know why.

All just my opinion. ANYTHING can happen in the battery business, as Exide's history over the last 30 years surely proves.

GLTA.