Windstream Holdings Inc. (fka WINMQ)

[wonderstocks]

Helfat: Based on the growing use of rights offerings in large Chapter 11 bankruptcies as a cheaper alternative to secured financing facilities, a means to obtain control over the reorganised company, a mechanism to protect existing equity holders and a vehicle for institutional investors and equity sponsors to continue to realise the ‘upside’ of their capital investments in bankrupt companies, the remainder of 2011 will likely continue to see the use of rights offerings in large Chapter 11 cases.
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Thanks for sharing the link.
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https://www.financierworldwide.com/rights-offerings-to-exit-bankruptcy#.Xybr6MBlDYV