GREY:LSTMF - Post by User
Comment by
boarderex86on Sep 19, 2016 7:49pm
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Post# 25253982
RE:RE:RE:and done she is.. Companies' Creditors Arrangement Act
RE:RE:RE:and done she is.. Companies' Creditors Arrangement Act When end I saw he CPG PR I was thinking the same thing... I actially re-read it to make sure I didn't miss something about acquisition. Since LTS was still under the previous refinancing arrangements they are probably covered from a disclosure perspective. If the deal didn't fall apart I'm sure it would have gone to 2017 capital and debt repayment but I'm betting CPG's "intentions" just changed.
UppersDowners wrote: nothing for the shareholder but CPG with their bought deal of $650 will pick up the scraps. It was one of the worst screws of shareholders in a long time. Now we will see another lie from Saxberg as the bought deal was for capex in 2016 and 2017 plus reducing the debt. Liar liar pants on fire.