Sat, May 25, 2013, 4:17 PM EDT - U.S. Markets closed
any interpretation on the news?
It looks to me that the company will go through a process resembling a negotiated bankruptcy. The current shareholders may own 10% or 20% after dilution. The banks and new capital will own the majority if the company.
>The current shareholders may own 10% or 20% after dilution.Try 1%.