Subject: Re: New appraisal
From: "Joshua Alcorn" <[email-masked]>
To: "Eric Schwerin" <[email-masked]>
Cc: "Hunter Biden" <[email-masked]>
Date: Mon, 09 Nov 2015 17:22:46 -0500

With appraisals it's not about who has shares at a given time so much as it is about who wants to buy shares between now and, in this case, Dec 8 so they can seek appraisal. So we would take this idea to hedge funds and see if they want to buy shares and seek appraisal. This memo is out of date - happy to get an updated version if you wish. 

/ja
302-598-1885 (cell)

Sent from my iPhone, which is responsible for any typos. 

> On Nov 9, 2015, at 4:12 PM, Eric Schwerin <[email-masked]> wrote:
> 
> Do they have a list of funds they know that are holding shares?
> 
> 
> 
> 
> Eric D. Schwerin
> Rosemont Seneca Advisors, LLC
> 1010 Wisconsin Ave., NW
> Suite 705
> Washington, DC 20007
> (202) 333-1880
> [email-masked]
> P Consider the environment before printing this email.
> 
>> On Nov 8, 2015, at 2:12 PM, Joshua Alcorn <[email-masked]> wrote:
>> 
>> FYI memo re: new appraisal action is below. It doesn’t seem like as much of a lock as Petsmart. Folks need to have shares in hand by Dec 8 to participate. 
>> Some background on Solera Holdings and the buy out is here:
>> https://en.wikipedia.org/wiki/Solera_Holdings
>> http://www.nasdaq.com/article/solera-holdings-sale-to-move-forward-20151013-00175
>> I’ll check with Stuart about who they took this to (Neurberger being the only firm other than 3rd Point we approached). Perhaps we can check in with Fran Biondi about this.
>> /ja
>> 
>> Josh Alcorn
>> 302-598-1885
>> [email-masked]
>> 
>>> Begin forwarded message:
>>> 
>>> From: Joshua Alcorn <[email-masked]>
>>> Subject: Fwd: New appraisal
>>> Date: November 8, 2015 at 1:37:09 PM EST
>>> To: "[email-masked]" <[email-masked]>
>>> 
>>> 
>>> 
>>> /ja
>>> 302-598-1885 (cell)
>>> 
>>> Sent from my iPhone, which is responsible for any typos.
>>> 
>>> Begin forwarded message:
>>> 
>>> From: Megan McIntyre <[email-masked]<mailto:[email-masked]>>
>>> Date: November 4, 2015 at 10:33:16 AM EST
>>> To: Joshua Alcorn <[email-masked]<mailto:[email-masked]>>
>>> Subject: New appraisal
>>> 
>>> Attached is a draft memo regarding the new appraisal case Stuart mentioned (Solera Holdings).  This is just for your info, not to be sent out to anyone.  FYI, the shareholder meeting date has been set:  December 8.  Written appraisal demands must be submitted before that date.
>>> 
>>> Megan D. McIntyre
>>> Grant & Eisenhofer P.A.
>>> 123 Justison Street
>>> Wilmington, DE 19801
>>> (302) 622-7020
>>> [email-masked]<mailto:[email-masked]>
>> <Memo to clients re Solera appraisal.DOCX>
>=2