age article re bbi, page-25

I hold 3M BEPPA after selling 2M recently. I don't think this deal will be any great news for BBI holders or BEPPA holders. The cornerstone investor is holding all the aces. Without him, there is no back up plan. BBI are gone on Oct 30 without him. I think he has played his cards perfectly. He has waited until BBI are nearly dead and buried. On that basis, all the positives of any deal will be with him. That's the reality. He can ask for what he wants and if he doesn't get it, he walks away and then what? BBI holders get zero and BEPPA holders wait 10 years for the liquidators final report and probably get zero anyway.