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justthefactsmam

02/08/19 10:59 AM

#19645 RE: linda1 #19604

linda,

why wouldn't the following be viewed as a "wash"?
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You are omitting that the value of the SHLDQ
Shareholders’ Equity Interest has now dropped
by $ 5 + B after yesterday’s Sale to Holdco.
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in return for selling holdco certain assets, which in an "arms-length" transaction was valued at $5.2 billion, didn't shc receive "payment" from holdco which was valued at that same amount?