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Originally posted by 5SpeedBird:
Rumors are already flying on the internet
Rumors are already flying on the internet
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and THAT is what makes it truth :rolleyes:2011 Camaro LS 6M, in black. -
If Kmart was trying to avoid bankruptcy, which they are nowhere near, they would not be paying 11 billion for Sears. </font>[/QUOTE]Know a little something before you speak. Kmart already went through chapter 11. Almost a year ago.Originally posted by ABH:
</font><blockquote>quote:</font><hr />Originally posted by PewterBird:
Kmart is merging for the most part to avoid bankruptcy. They call it a merger, but Sears is more like aquiring Kmart.
K-MART goes chapter 11, re-organizes their dept for pennies on the dollar, their creditors get the shaft for "billions" of dollars and now they have billions to buy SEARS. Its called sticking it to the man. Anyone can do it.
Get into a mountain of debt, File chapter 11 and turn the debt into a molehill.
Though the creditors probably got stock in exchange for their loans, which might be worth more now.
But Kmart already went through chapter 11, thats why they have money to spend now.BuickThunder.com<br />\"Think out side the bowtie\"Comment
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I’m new. I actually don’t own a Camaro or firebird. I do have a 2000 Camaro 3.8 fly by throttle and 4l60e. This is installed in a 1980 Triumph TR7...3 weeks ago -
Not much going on, replaced my Kenwood double din stereo with a Pioneer double din, the Kenwood had problems. Then replaced my power inverter for my reverse...3 weeks ago
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