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| Alias Born | 03/26/2018 |
Saturday, February 16, 2019 2:29:54 PM
And after the stay was approved that motion was for, what happened?
Great question, let's review the timeline:
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8/21/18: PWC receives two offers for the "business as a whole" and 11 total offers.
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Week of 8/27/18: PWC reviews bids with management and Secured Creditors; they ultimately decide to focus on the two leading bids.
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Here's the bid summary from PWC confirming 11 total bids.
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8/31/18: Arlette sends acceptance letter to Visolis/LCY and BOD voluntarily resigns.
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Thanks for pointing out the timeline of the transaction!
Once again, Docs > Unsupported Opinions.
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