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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by Lucky27on Dec 29, 2016 12:06pm
102 Views
Post# 25650271

RE:RE:RE:RE:RE:RE:Jumps ship? Or perhaps was let go...

RE:RE:RE:RE:RE:RE:Jumps ship? Or perhaps was let go...Someone please provide clarification;

Usually when one company buys another, the other company in this case Cinven, assumes all liability associated with their actions prior to the sale?

Who is on the hook here? Concordia or Cinven????? How can Concordia be held accountable for criminal activity performed prior to their purchase? Surely, the BOD at Cinven have a Directors and Officers Insurance policy to protect them from this scenerio??????

Would love some educated input?
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