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CATALYST PAPER CORPORATION T.CYT

"Catalyst Paper Corp is a producer of mechanical printing papers in western North America. The Company operates through four segments: coated paper, uncoated paper, newsprint and pulp."


TSX:CYT - Post by User

Post by thedave2006on Oct 26, 2016 9:19am
189 Views
Post# 25386613

news, so what are common shares worth?

news, so what are common shares worth?The alternative recapitalization plan also contemplates a transaction under which common shares not held by three of the Principal Securityholders would be exchanged for cash consideration, subject to certain conditions, including so as to permit the Company to cease to be a reporting issuer under applicable securities laws. The completion of any such transaction is not a condition to the implementation of the alternative recapitalization plan. There can be no assurance that such an exchange transaction will be proposed and if so at what price.
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