Cash from the sale will be split between repaying lenders and funding customer claims, though it said it anticipated just one in four claims would succeed.
In the event Carol sells the residence within three (3) years from the date of entry of this Decree, she agrees to split any equity received from said sale after the payment of the remaining balance on the first mortgage and any costs associated with the sale of the property equally between her and Joe.
Wedbush analyst Michael Pacther this morning floated the notion that the real goal of the Netflix decision to split the business in two was to prepare for the sale of the streaming business to Amazon.com.