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  • atchicago2 atchicago2 Nov 18, 2012 12:18 PM Flag

    Almost identical to GGP situation

    You read my mind. I was thinking the same. Based on what I have seen in the past five years, BK companies with positive net asset value imply that common shareholders are not wiped out when the company emerges from BK. Come on, there is not even a debtors in possession arrangement on this one!

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