GREY:FTPLF - Post by User
Comment by
Contrarian333on Dec 10, 2019 4:51pm
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Post# 30441400
RE:Fortress Global Enterprises Announces Unsuccessful Completio
RE:Fortress Global Enterprises Announces Unsuccessful Completio....and thats a good thing for convert and equity holders. A deal would have left the convert and equity holders with nothing. Still optionality on a restart now............the Tembec deal might offer some clues as to what could happen..........converts and equity have nuisance value and potentially can command a piece of the reorganized pie as such.............