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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > selling 20% stocks for 2% debt reduction is just a bad idea
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Post by mingzhu on Oct 03, 2016 8:13pm

selling 20% stocks for 2% debt reduction is just a bad idea

"(Reuters) - Concordia International Corp (Toronto:CXR.TO - News), a Canadian specialty pharmaceutical company, is discussing alternatives to a leveraged buyout that include divesting a minority stake to a private equity firm, people familiar with the matter said on Monday."

unless it needs the money urgently. If it does, that will be problem. What CXR needs is to sell part of it to get 1 b to pay the debt. That will make different.
Comment by patenright11 on Oct 03, 2016 8:15pm
This post has been removed in accordance with Community Policy
Comment by patenright11 on Oct 03, 2016 8:19pm
This post has been removed in accordance with Community Policy
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