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Post# of 143139
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USF11

Re: Qone0 post# 30555

Thursday, 10/11/2007 10:56:46 PM

Thursday, October 11, 2007 10:56:46 PM

Post# of 143139
The $10 for the assets is very common when a company is nearing bankruptcy, yet has some assets.
Someone often comes in and buys the company for say $1 and then tries to turn the company around by taking care of all the liabilites.

Some monetary value has to change hands in these situations.

Everyone has a plan until they get punched in the face.
- Mike Tyson


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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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