From: Edgar G. Sargent
To: john
Sent: Friday, March 23, 2012 11:30 AM
Subject: RE: Washington Mutual NEWCO Shares
I don't think I've heard a date for distribution of the shares yet but I expect it to be fairly soon. The Newco board will decide where and how shares will be tradeable. In the Disclosure Statement analysis provided by the Debtors, Newco was valued at $140 or $145 million, I don't know how many shares are being issued so I am not able to calculate a price per share (and don't even know if simple division would produce a reasonable valuation).
Edgar Sargent
From: john
Sent: Friday, March 23, 2012 11:13 AM
To: Edgar G. Sargent
Subject: Washington Mutual NEWCO Shares
Dear Mr. Sargent,
I am the owner of Preferred Series R shares and voted to give releases. I understand each of my shares will entitle me to approximately 19.8 shares of NEWCO. Can you tell me when to expect the NEWCO shares to be transferred to my accounts? Do you know if the shares will be publicly traded? Is there any estimate as to the initial value of these shares?
Your reply is greatly appreciated.
Thank you,
Besugo de momento Sargent duplica tu resultado sin entrar en más matices...
NOL´s : $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Preferred offering
Mergers