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Old PSG Wind-Down Ltd PSGLQ

Consumer Cyclical Leisure
"Old PSG Wind-down Ltd designs, develops, manufactures and sells performance sports equipment and related apparel for ice hockey and roller hockey, baseball and softball, lacrosse and soccer. Its brands include BAUER, VAPOR, SUPREME, and NEXUS."


GREY:PSGLQ - Post by User

Old PSG Wind-Down Ltd > Filing brankruptcy with buyer in hand
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Post by Jipe161on Oct 29, 2016 11:38am
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Post# 25401777

Filing brankruptcy with buyer in hand

Filing brankruptcy with buyer in hand
They intend to file bankruptcy with a buyer in hand. As I understand this there is two possible buyer. Brookfield and Fairfax. And if I understand right they are bidding against each other. is this chapter 11 bankruptcy ? Can someone with a little more experience can explain what filing bankruptcy with a buyer in hand mean for the future ?
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