Actually RadioShack did about the same thing in their BK. Two hedge funds controlled the corp thru stock ownership which they rode to ZERO.
------------- "How about you naming a public traded retail company that has set them selves up in this manner? 1) CEO buying the assets out of bk in a 363 sale. 2) Who is also the Largest creditor. 3) Holds the largest amount of shares. 4) Has Billions in NOL's?
Bet you cant..
your statement.... PPFFFTTT!"
______________________________________________________________ Because the Good Life is Just a Pump or Two Away
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.