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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by ConfidentDDon Oct 16, 2016 2:48pm
309 Views
Post# 25348920

Alan Oberman will be the next CEO of Concordia

Alan Oberman will be the next CEO of ConcordiaEven beyond the impressive PR that CXR gave this newly appointed Board member, Oberman tops everything that MT and his team, brought to this company. A total operation gent. MT never had NA or global operating experiencer/leadership. Nice of debt holders to place him in, ahead of bankruptcy, to protect their recent US$350M bet on what could come out the other side in, say 5.5 years when the notes come due. Must have been hard for MT to agree - maybe the vice-chair di all the work. And the recent lenders get interest at 9% and maybe some principal along the way. Big Tax losses for all this year too. Sorry shareholders - you are out.
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