"Given Ecotality's current situation, and potential looming bankruptcy, it may not surprise investors to see CCGI throw up their hand for a bid at the auction for Ecotality's assets. This is not the first time the company has taken a stab to acquire a failed giant. Earlier in the year CCGI attempted expansion by bidding on another bankrupt Israeli EV firm Better Place. Considering that CCGI currently owns some Blink series charging stations from Ecotality, the acquisition would seem all the more likely in the event of Ecotality's bankruptcy.
Thanks for sharing. So based on my understanding if CCGI buys ECTY in bankruptcy, there's still a chance that ECTY investors may get CCGI shares unless it's a cash transaction then not likely....hmmm, so much uncertainty.