Or take one company under chapter 11 process and merge with another past chapter 11 tale facing a second round of the same....🤫
Perhaps it’s the way to avoid round 2 of restructuring, surely they wouldn’t survive it again. Could a CEO get away with it twice over? Suppose he was hailed a success first time out despite the unfathomable share ratio change to avoid delisting from NYSE fail in spectacular fashion! Yet he kept his job.