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DeafTrader2

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DeafTrader2

Re: hondaboost post# 1290

Tuesday, 08/30/2016 11:32:44 AM

Tuesday, August 30, 2016 11:32:44 AM

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The plan eliminates more than $1 billion of debt, and includes a $50 million rights offering of new equity. Upon the effective date of the plan of reorganization, the noteholders will hold approximately 96% of the equity in reorganized Penn Virginia.


What happen to common shareholders who own this ticker ?


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