InvestorsHub Logo
Followers 254
Posts 28973
Boards Moderated 3
Alias Born 07/07/2004

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




______________________________________________________________
Because the Good Life is Just a Pump or Two Away

Join InvestorsHub

Join the InvestorsHub Community

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.