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Thread: 20 buyers now circling Virgin Australia
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Old 3rd Jun 2020, 12:42
  #172 (permalink)  
Rashid Bacon
 
Join Date: Feb 2011
Location: dubai
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The administrator will do what's best for the creditors and $450 million v $6.8 billion in debt just won't work in a voting sense, so can't see how staff creditors can meaningfully affect an outcome here.
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