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Author: joelcorley Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35367  
Subject: Re: Any updates on Edison Mission Energy bonds? Date: 10/18/2013 4:47 PM
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You wrote, Anyone else have these still?


I received a solicitation from an Emily S. Gottlieb on behalf of GCG, Inc. to purchase my shares. The offer was for like 45 cents on the dollar. Odd since the bonds are trading for north of 60 cents on E*Trade. I ignored it.

There is news today though. NRG has reached a deal to purchase EME: http://online.wsj.com/article/PR-CO-20131018-909481.html

I haven't had the time to tease out how this affects existing bond holders of if the information even exists in the announcement.

There has been a fair amount of action on the court docket recently as well: http://www.edisonmissionrestructuring.com/maincase.php

- Joel
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