Replies to post #19649 on Sears Holdings Corp. (fka SHLDQ)

[justthefactsmam]

5 bil goes into one entity and then 5 bil goes out into another one.

that's what just happened. esl/holdco just paid 5.2 bil and shc relinquished/sold 5.2 bil of assets

[linda1]

Holdco did not pay all of the $ 5.2 B
in Cash/Securities to SHC.
Much of the $ 5.2 B Sale was a
cancellation of DEBT and the assumption
of certain LIABILITIES that were on SHC’s
balance sheet.

The SHLDQ equity interests are in the Assets
of SHC. If Holdco receives some
or all of the NOLs, that could cancel out
some or all of the Cash/Securities SHC received
from the Sale.