But I'm curious why the private investors comprised of The Yucaipa Companies LLC, Mount Kellett Capital Management LP and investment funds managed by Goldman Sachs Asset Management, L.P. didn't buy alot more than 15% of the QUIBS when they had the chance knowing they were going to try and get a deal done??
How do you know they didn't? They may have bought more through a friendly unrelated party. Then when the vote comes up that can say "see even the other noteholders are for it!"
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.