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Old 10th Jul 2020, 06:19
  #598 (permalink)  
Boeingpilot738
 
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Originally Posted by normanton
Well if they get nothing from Bain, liquidation is worth more ?

No one gives a **** about the staff, everyone wants $$$ returned.
Does anyone know what they’re getting from Bain? (I think that’s the problem, not even the bondholders know) but if it’s more than zero I would have guessed that it’ll be more than what they’d get in a liquidation. I suspect we’ll hear plenty more from them in the next 6 weeks given that they don’t have the numbers to block the DOCA if it gets to voting on Bain.
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