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Old 22nd May 2020, 12:37
  #1245 (permalink)  
Led Zeppelin
 
Join Date: Nov 2005
Location: UK
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Lock in a buyer RFN
Why lock in now with debt, when the going price in 8 weeks will be much less, with the debt gone as the receivers sell the assets at fire sale prices ??

The bidders currently left are only in there to confirm the true financial position. Pretty sure they would not believe Deloitte’s very optimistic forecasts.

Both Bain and BGH will have a bottom line that is the worst case scenario for the administrators.
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