Replies to post #6651 on Dime Bancorp Inc (fka DIMEQ)

[fbrutus]

Do you understand item 3? I can't get a good explanation. By choosing runoff notes in lieu of cash, are we giving up cash from class 12?

Yes, and if you want common stock you should check the next box for a pro-rata share of common stock in lieu of run-off notes

[linda1]

As I understand Item 3 - if you don't want Runoff Notes or Common Stock then skip the section.


Item 3 only applies to General Unsecured Claims - so you will still get the 5.77 % of Common Stock even if you skip it.