GREY:NMKEF - Post by User
Comment by
phantom666on Jan 29, 2020 5:15pm
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Post# 30616477
RE:4 sale...
RE:4 sale...
It was from PG Oct/19. I believe because NMX went into a CCAA, that the SISP is part of the process. "are seeking parties interested in acquiring or INVESTING in the business or the assets of the Companies in a manner that is determined to be a superior offer to the Recapitalization Plan under the CCAA process."....Recapitalization is the restructuring of a company's debt and equity ratio. The purpose of recapitalization is to stabilize a company's capital structure. Some of the reasons a company may consider recapitalization include a drop in its share prices, defense against a hostile takeover, or bankruptcy.