Sources close to the negotiations are saying Dex is closing in on a refinance deal, with an announcement soon after Thanksgiving.
Sure it is! Go troll the weed stocks now
do your DD bud. The company did not make that statement
Sentiment: Strong Buy
Fluid talks have taken place with Dex Media concerning their common position. They are encouraged with the progress of the refinance, and think their future is bright.
They are not "The Coward Team". Press Release was not done for Q3, because their advisors told them not to.
Joel- Current shareholder equity is only between $3-$4 Million. That is it. Wiping out shareholders- wipes that out, very small potatoes.
The Senior Secured Debt holders will make a lot more in a refinancing than in Bankruptcy, where they will only get a small percentage back- after the lawyers take most of what is left. The Ad-hoc committee came to the company, not the reverse.