Replies to post #5488 on Sears Holdings Corp. (fka SHLDQ)

[StrategyTrader]

Good stuff not clear let's see how all this will unfold my bet is in.

Goodluck

[Peanutbuttercup]

It looks to me that the buyer is offering the remaining secured and unsecured creditors $35 million and the right to purchase up to $100 million in non voting securities of the Newco in exchange for relieving ESL of any potential liability from previous sale of assets.