Perella Weinberg Partners - Wikipedia, the free encyclopedia
https://en.m.wikipedia.org/wiki/Perella_Weinberg_Partners
Their current legal team would have handled any bankruptcy filings. They hired a world class strategic growth company with a strong reputation to defend. Sounds like they are serious about restructuring for growth in spite of the oil price decline. Diversity is necessary for companies to survive an industry downturn. They paid $200 million down on their senior credit line through share offerings early this year to restore faith in senior lenders. At 94% institution owned with a strengthen liquid cash position after the 1st quarter, I would say a nice bounce is coming before or upon strategic growth plan is announced. Btw, I enjoyed the bounce last time it hit below $1. For the sake of transparency, I just bought in again. Let's see how I do this time. ;*)
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