InvestorsHub Logo

linda1

02/04/19 9:38 PM

#18010 RE: Illini18 #18004

If the 363 Sale to ESL/Transform Holdco
is approved then the SHLDQ Shareholders’
Interests will be in what ever Assets and
NOLs/Tax Attributes are left with the Debtors
after the Sale.

I think that if the Debtors want to reorganize
and emerge from bankruptcy, and the collective
$ amount of the remaining Assets and
NOLs/Tax Attributes exceeds the
Liabilities/Creditors’ Debts, then I see the
Commons receiving new Newco/Sears stock.

However, until the 363 Sale is approved and
Closed and the Debtors subsequently file
financial statements showing the remaining
Assets and Liabilities, I am just surmising that
the Commons will receive some of the new
Newco/Sears stock if Sears reorganizes.