Pinnacle Sells Final NW Claim

On June 29, Pinnacle Airlines, Inc.,sold its last $45.2 million portion of its stipulated unsecured claim against Northwest to Goldman Sachs Credit Partners for a net purchase price of approximately $27.7 million. Under the agreement, Goldman received the 940,785 shares of new Northwest common stock that Pinnacle had previously received on its claim, and will receive all future distributions.