Originally Posted by
Check Essential
Do you know whether the PBGC is still holding stock or have they sold it all?
ie = Is the PC5 benefit still a moving target?
The value of their recovery is fixed. I don't know the exact share price it was fixed at, but that was much closer to when we exited bankruptcy. What they did with the stock after that does not change their recovery. I don't know if they held onto the stock or liquidated it. Either way it won't affect our PC-5 benefits.