  Devanchya Smile Premium join:2003-12-09 Pickering, ON
·Bell Sympatico
| reply to TK Junk Mail Re: What is coming ?
Actually I don't see shareholder Lawsuits being a factor.
Legally the share price is end-date fixed. There is no way for a shareholder to say "The shares are really worth $50, when your buying them back at $47".
In the past, the number one issue with privatization (hate the term EPO used by some) is the on-going dept payments. The court statement that the bonds are worthless cut those short.
The main concern will be the fact the banks involved will want a pretty fast turn-around in profit. Also I wouldn't be surprised if some of the private equity listed ends up back on the Stock Market under a new symbol shortly. |