GREY:LGLTF - Post by User
Comment by
schoolboyon Dec 21, 2015 1:51am
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Post# 24400226
RE:RE:RE:RE:RE:RE:You poor Ba$tards have noone else to blame but yourselves!
RE:RE:RE:RE:RE:RE:You poor Ba$tards have noone else to blame but yourselves! I think that there will be news on Monday.
Whichever way it goes, there will be major changes:
- To survive as-is, they must very quickly reduce expenses and increase sales, amid a barrage of bad publicity, in an environment of extremeley aggressive competition. Rather challenging.
- A buyer would likely be a competitor, which would implement significant changes, such as closing down some, most, or all of their operations. Considering the financial considerations, though, someone would have to be thinking way out of the box to make any kind of offer, no matter how low.
- Counting on continuing negotiations with creditors is extremely risky and will inevitably end in disaster, probably sooner than later.