Evolveus Posted February 17, 2011 Share Posted February 17, 2011 I noticed on NASDAQ.com 10 notable holders of ABH common stock: Prem Watsa (2nd largest holding) Francois Chou (largest holding) Perry Corp Daniel Loeb / Third Point Leon Cooperman Third Avenue Value Paulson & Co. Markel Michael F. Price Steelhead Partners Below is a link to Third Point Capital's quarterly letter. Loeb makes his case for paper companies starting around the bottom of page 2. Pretty interesting read. I have not done any work yet on ABH but seeing this many smart people on a post-bankruptcy re-org makes me curious. Does anyone on the boards have any insight into this company? Recent headlines show a c$300 asset sale to shore up the balance sheet and add liquidity. I also see new management coming on board. Thoughts? http://plasmon.rghost.net/download/4272822/f37b33dd24dc328ae70b0a71b16178de31e0fd71/Third-Point-Q4-2010.pdf Link to comment Share on other sites More sharing options...
Uccmal Posted February 17, 2011 Share Posted February 17, 2011 Fairfax was the Debtor in Possession for the bankruptcy. Chou participated via Fairfax's restructuring. Its not a value play now. Markel are friendly with FFH. I dont know about the rest. Probably watched the proceedings and asked to participate in the recap. with FFH. Link to comment Share on other sites More sharing options...
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