Concordia Healthcare Corp. T.CXR.R

CXR Announcement

[Lucky27]

Has Stategic review  ending been announced by management? No, not a word from CXR. Review is not finished. Shorts are covering.

[Lumberfeverlong]

Lucky, management did announce the end of the review. THat doesn't mean there are no strategic moves in the future, but they are not considering any at this particular time. The company has addressed their liquidity issues for the foreseeable future. They now need to focus on operations. The review was a major distraction, but necessary.  Cash flow generation n will be key over the next

[Lucky27]

[/quote] No announcement of the end of the review by CXR. Check the news release on their web site. Nothing, were dis you get your info? I see no definative end to thr process. Somebody bought the oversubscribed notes.

[rad10]

Lucky check the SEC disclosures from earlier this week on the NASDAQ website.  Strategic review concluded with the sale of 350 million in notes to Goldman as the initial buyer.  So now Mark and the gang are free to buy all the shares they want................................

[KnowledgeSeekr8]

see this link, it states 'The closing of the Offering marks the formal conclusion of the Company's strategic review'. Also the other thing management did was add another director to the board, Allan Oberman. https://www.newswire.ca/news-releases/concordia-international-announces-closing-of-senior-notes-offering-and-appoints-allan-oberman-to-board-of-directors-596960641.html

[Lucky27]

[LaticelnExile]

This post has been removed in accordance with Community Policy

[PROtrading]

Yes the "strategic BS review" has ended with a whimper.  They found no buyers and gave the few NA assets (held in Barbadoes?? With coconuts??)  to Notes holders under the nose of shareholders and bondholders.  AMCo deed has not left the UK and is with a legal agent until the earnouts are paid and that won't happen.  Watch. This cash strapped company already had