InvestorsHub Logo
Followers 3
Posts 171
Boards Moderated 0
Alias Born 10/11/2015

Re: None

Friday, 10/16/2015 1:08:01 PM

Friday, October 16, 2015 1:08:01 PM

Post# of 1345
Judge Shannon; Door Open For Other Buyers
Retailer Quiksilver Gets Nod on Oaktree Deal
Stephanie Gleason
October 15, 2015
(c) 2015 Dow Jones & Company, Inc.
...
Additionally, Judge Shannon set a confirmation hearing for Jan. 25, a slightly longer timeline than originally was proposed.
The changes were made in an effort to ensure that Quiksilver "can move forward with its plan, but that the plan will be subject to a real and robust marketing process," Judge Shannon said. His ruling promotes a "dual track" process that moves the deal forward with Oaktree, while leaving the door open for other buyers, he noted.
Join InvestorsHub

Join the InvestorsHub Community

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.