Old PSG Wind-Down Ltd PSGLQ

PSG HEADED FOR A HARD BLOW

[modulex]

the latest info i obtained is that the buyer will pay $490-million U.S. including debt and stock, which means that shareholders will receive $1.65/share. The buyer will then conduct an auction sale on its own to obtain a higher value. So the company is being in other words sold in pices. I wouldn't have believe in such a terrible outcome, but that is what the stock market brings at times with companies.

[Jipe161]

What else could you expect from that DESMARAIS shithead. Just another market scam. I guess that's how you learned how to be carefull with the market. Hopefully i had only 2k invested and I was +30% but I guess it's gonna change soon.. I still think this company won't die because it's too big.. retail shareholder will pay the price but this company will be back in the near future

[Handymanny]

Where do you get that number?  

[modulex]

  Performance Sports Group halted at open   2016-10-31 07:49 ET - Halt Trading   Performance Sports Group Ltd. has been halted at the open on Oct. 31, 2016, pending delisting. The news that a joint purchase of $490 million dollars (including debt) is incorrect.  As taken into account $440 million dollars of debt, there would have been $50 million dollars left for