News Focus
News Focus
Followers 5
Posts 648
Boards Moderated 0
Alias Born 06/27/2013

Re: None

Wednesday, 10/29/2014 7:14:54 PM

Wednesday, October 29, 2014 7:14:54 PM

Post# of 6681
This sounds like some drama is unfolding. Lets see if this is enough to push the volume up.

Exide Technologies Nears Crossroads in Chapter 11
Peg Brickley
October 29, 2014
(c) 2014 Dow Jones & Company, Inc.
Exide Technologies ' unsecured creditors say they have lost confidence in the company's management to guide the battery maker safely through bankruptcy.
At a hearing Wednesday in the U.S. Bankruptcy Court in Wilmington, Del., the official committee of unsecured creditors asked a judge to help them get information about plans to sell the company, which has been struggling in Chapter 11 since June 2013. The panel says it suspects Exide is being steered into a sale that will put the company into the hands of senior lenders, leaving most creditors out in the cold....

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today