This is a bankruptcy case. We all knew the risks, 0 or hero. In saying that I don’t see how this news is terribly awful. Ideally they would of got a suitable offer. Now there is 2 more weeks to get one. Low ball offers came in and this is the board saying either ante up or we’re gonna liquidate. I’d say still as good a chance today as a week ago that someone steps up and takes this company for a decent price.
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