Comdisco to pay $0.0982 per contingent distribution right

By Ted A. Knutson

Washington, Nov. 17 - Comdisco Holding Co., Inc. said Wednesday it will pay $0.0982 per right to investors who are contingent distribution rights holders of record on Nov. 30. The distribution is payable on Dec. 10.

The present value of recovery to the initially allowed general unsecured creditors in the bankruptcy is now approximately 97%. Approximately 152.3 million rights are outstanding.

Comdisco is a Rosemont, Ill., company formed to sell the assets of its predecessor Comdisco Inc. and distribute the proceeds.

The announcement was made in an 8-K filing with the Securities and Exchange Commission.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.