Replies to post #15122 on Sears Holdings Corp. (fka SHLDQ)

[cottonisking]

Did the warrants deal take place this year in bankruptcy? No

This is the first time that Sears filed Chapter 11.

My crystal ball is not worth two cents. Therefore, I like to cut and paste from legal documents.

Cheers,

[bar1080]

"why would warrant holders accept the deal with a $28.41 conversion price?"

Because that was the deal when the warrants were created years ago. Sears stock was much higher back then.

[StockRoomBully]

EXACTLY. F13 50 OF THEM STILL HOLDING SINCE SEPTEMBER OF LAST YEAR 4Q. PAY ATTENTION TO THAT AND 5.2 BILLION and the FORBS ARTICLE

" Sears need to show Wall Street it still has some life in it"

EDDIE DID IT. HOLDERS ARE GOING TO BE REWARDED. 5.2 BILLION BAILOUT COMFIRMED

https://www.forbes.com/sites/stevendennis/2018/08/28/heres-what-investors-are-missing-about-the-sears-amazon-partnership/