Salus blocked RSH from closing 1,100 stores further increasing RSH's losses. They WANT RSH to go bankrupt.
Now they dangled a $500MM "carrot" in front of RSH's nose, saying, "if you declare bankruptcy, we'll give you this fat loan to help you recover".
Finance is a cutthroat game and Salus figured out they can make more money in an RSH bankruptcy and are actively trying to speed up the process.. Curious how it will all shake out.
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