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WithCatz

06/07/11 3:14 PM

#304225 RE: hdsstocks #304221

I'd hope so. But number crunchers are going to have to analyze it deeply if it's a stock-for-stock conversion. Since it's not like a buy-out by another company who's stock is already trading and has a value. If we're trading stock into "newco" -- how does one value "newco" shares?

It's almost like handicapping an IPO, but without a sponsor of the IPO setting an opening share price.