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  • forty2gallonbarrel forty2gallonbarrel Jun 16, 2010 12:33 PM Flag

    Who pays $20 bil

    If you are right, this is meaningful. It dilulutes the value of the non-us entity (many have valued it at approx $100 bil and now it's $80 bil; or $33 per share vs $26).

    Also, it sets precendence that the corporate entity has exposure to this issue as well and not just the US sub, although I may be reaching with this point.

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