What will happen with silicon graphics (sgid) shares with the ch 11 emergence?
Answer:
SGID shares were cancelled.
http://www.sgi.com/company_info/newsroom.
According to the plan of reorganization, prior shareholders - i.e., those who held SGID shares - received no equity in the reorganized company. So the shares are entirely worthless.
http://www.sgi.com/reorg/amended_plan_of. Other Questions and Answers: