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Re: VelvetJones post# 1017

Tuesday, 02/18/2020 11:33:32 PM

Tuesday, February 18, 2020 11:33:32 PM

Post# of 1043
"equityholders unlikely to receive any form of recovery as sales proceeds will likely be insufficient to cover creditor claims, particularly after giving effect to the $256 million in debtor-in-possession financing now sitting at the top of the capital structure."

https://seekingalpha.com/article/4324880-pier-1-imports-to-pursue-court-supervised-sale-equityholders-likely-to-end-up-nothing




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