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SMARTFINANCESOLUTIONS.NET - What happens to a bankrupt company's stock when it creates a new company?

2013-11-25 2 Dailymotion

Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - What happens to a bankrupt company's stock when it creates a new company? - Referring to Lehman Brothers' case. Their stock is at about 13 cents right now and they are planning to end their bankruptcy and create a new company, LAMCO. What would happen to their current stock, LEHMQ.PK? -