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Thursday, 06/29/2023 10:30:57 AM

Thursday, June 29, 2023 10:30:57 AM

Post# of 198693
There was a distressed power company in Cali about 10 years ago that was looking to restructure and continue on. Blackrock swooped in and bought the company out from under the existing shareholders. All shares became worthless overnight. Blackrock laughs all the way to the bank.

Hope something similar is not happening here.
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