read the news on stategics sale neg. largely hinges on successfull renegotiation of terms for holders,if successfull
should be very positive for afg releasing them from any quarantees,there is around 500mill in debt to holders,terms they are offering are not so bad,if the alternative is collapse,so hopefully as unpleasant as an alteration to terms
might be its still a more palatable alternative.
dont expect formal acknowledgement of afg refinance until this is resolved,dyor i hold afg shares
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