dge of an interest in KU Management. I checked the sub doc from 2007 and it states that the subscription was for 'units" comprised of an interest in KUE LP and KU Management Inc. The listed shares are not recorded on our books. In speaking w/ Eileen, thought is to add shares to LBF Holdings rather tha

Universe Education L.P. -- Confidential Memor=ndum April 22 form due back=to company. Looking at Sch A it appears there can be large capital l=sses (KUE LP) and large capital gains (Opco/ Propco) as units are unwound =#8211; losses appear to precede gains. Company valuing total enterprise between $34MM

erral alte=native for potential non application of the Contingent Tax Liability. Sho=ld we not receive Schedule F from LBF Holdings by tomorrow, its KUE LP Uni=s will be purchased net of reserves and the Contingent Tax Liability as de=cribed in the Confidential Memorandum (wire transfer instructions on