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Sunday, January 19, 2020 10:35:16 AM
You say....
“Good for the lender and unfortunately, bad for shareholders.
If they needed money for equipment or inventory, there surely had to be better avenues to pursue. The collateral they could have provided would have merited a much lower rate. “
You don’t know if the deal is “bad for shareholders”. Nor do you know the BENEFITS. I prefer to wait for facts before drawing conclusions in a public forum.
Have a nice day.
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