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Author: Stebalo One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 4956  
Subject: Re: What Happened to the Cheerleaders? Date: 2/6/2002 6:50 PM
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"I'm not positive that they are going under, but the filing for Chapter 11 when the merger goes through is a worrying point to me. "

I understand that it is not uncommon for a company about to be taken over to file chapter 11 (reorganization). It gives the company an efficient means to eliminate debt through trade debt for equity for example.
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