Message Font: Serif | Sans-Serif
No. of Recommendations: 0
"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.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.