IPPs and Merchant Energy Co.s Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : IPPs and Merchant Energy Co.s

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Broken_Clock	6/30/2005 8:44:10 PM
	of 3358

MIR ruling from Judge Lynn is in. It looks like the common may be in the money. The Blackstone business plan is going to be recalculated to determine a new valuation. Anything over $11,000,000,000 and SHs will get a shot at a new POR. "If the equity is in the money, then the plan that is on the table is an unconfirmable plan, and we go back to the drawing board," Weisfelner said. "We believe there's enough value to assure repayment in full to all creditors and a significant residual value to give shareholders a recovery."-SHC attorney finance.messages.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next