DISCOVERY AIR INC 8.375 PCT DEBS T.DA.DB.A

RE:DA Bankrupt

[nini222]

Agreed. Unless there is a bidder out there that can make an offer high enough that some of the funds waterfall down to DA.DB this thing is not worth anything. Unfortunate to see it play out this way.

Alejaho wrote: Discovery Air has sought creditor protection.  Clarivest has offered to buy all its assets from a court supervised sale.  It appears that legal action is the only recourse.

https://web.tmxmoney.com/article.php?newsid=7442516429187566&qm_symbol=DA.DB.A