Stocks Prices Today
Citi, which now owns the common stock has been destroyed?
If shareholders were wiped out in bankruptcy, which it belongs. Holders non-owner bond. It re-opened for trading this morning. How is this possible without a new IPO? I try to understand what the capitalization current market for this company is based on the share price today to determine whether it is a good value. What percentage of the company is owned by the Government or others?
I assume you mean non-bank CIT Group and Citigroup. The following is taken from the York Times today on the role of page. The new bond ex B7 own. Most the bondholders agreed to a debt cons of capital (Goldman Sachs and Carl C. Icahn seems to agree the deal). Actions (CITGQ) must be annihilated. New shares began trading today as an IPO in name only. Thus, the new owners of the company shareholders. The article does not say what percentage of the Govt. own volition.
22. Stock Index, Oil and Other Futures Markets