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CNO Financial Group, Inc. Message Board

  • papadop007 papadop007 Mar 10, 2009 11:31 AM Flag

    OK CNO it's time to take any offers

    There is no way this company can file for BK in the same decade. They have to be realistic. They will destroy the brand completely. If there is a going concern, then they need to get going with another concern like MET.

    Doesn't CNO have convertible preferred shares? They are probably negotiating a conversion to restore the debt covenants etc...

    I think an offer around $2/share is reasonable at this point.

 
CNO
16.04-0.92(-5.42%)Feb 8 4:04 PMEST