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Re: BBstocks77 post# 6289

Wednesday, 05/01/2019 8:43:41 PM

Wednesday, May 01, 2019 8:43:41 PM

Post# of 9358
Don't forget to mention the $6 BILLION in debt that put them in bankruptcy. And the MASSIVE dilution most likely to come. It's important to look at the cause of this bankruptcy.

Such a shameless spin that leaves out the reason for bankruptcy.. Very unfortunate.

Here, read the Forbes article for a professional opinion.


The most likely outcome for Windstream’s bankruptcy is management persuades lenders to swap equity for the lion’s share of its roughly $5.8 billion debt load, including the $310 million owed Aurelius Capital Management. That means massive dilution for current shareholders.




https://www.google.com/amp/s/www.forbes.com/sites/greatspeculations/2019/03/21/dodging-the-windstream-fallout-one-month-later/amp/


It's really very unfortunate.

DISCLAIMER: ALL MY POSTS ARE MY OWN PERSONAL OPINIONS AND NOT RECOMMENDATIONS TO BUY, SELL OR HOLD SECURITIES. DO YOUR OWN RESEARCH/DD AND MAKE YOUR OWN TRADING DECISIONS.

People kill for money. What makes you think they will not lie to you for yours?