GREY:TBTEF - Post by User
Post by
jackripperIXon Jun 02, 2016 3:59pm
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Twin Butte Weighs Options as Lenders Offer 24-Hour Extension
Twin Butte Weighs Options as Lenders Offer 24-Hour Extension“This is new territory,” Dennis Fong, an analyst at Canaccord in Calgary, said Thursday in a phone interview. “It could be that there’s a buyer that will clean up the balance sheet or take out the entire company, or the bank believes the process is getting long in the tooth and wants to pull the trigger on a restructuring.”