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Re: Globaltrnr post# 1824

Thursday, 10/25/2012 1:03:19 PM

Thursday, October 25, 2012 1:03:19 PM

Post# of 1867
doubtful.

it's just a matter of getting the creditors to approve the merger.

Third quarter 2012 adjusted EBITDA of $137 million was down slightly from the prior year period while adjusted free cash flow of $95 million was up relative to the previous year.

that's pretty good if you ask me.

and, yes, both are being sold off, and this is to be expected if one is sold off because they intend to merge.

like i said, i'm expecting a prepackaged chapter 11.