Replies to post #43 on Canal Capital Cp (COWP)

[onemessageonly]

Or shop those...but this is a tough sit:

[onemessageonly]

Well...apparently the liquidation preference "is" negotiable(extremely) in Delaware given recent developments over the past couple of years(especially this past summer):

Client Alert: Liquidation Preference Not Applied in Delaware Appraisal Rights Action

"On July 18, 2012, Court of Chancery of Delaware’s Chancellor Strine excluded the application of a liquidation preference when determining the value of common equity in an appraisal action."

http://www.duffandphelps.com/expertise/publications/pages/ArticleDetail.aspx?itemid=287&list=Articles

That leaves the pension liability.