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Fido

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Fido

Re: frankj post# 5080

Monday, 12/10/2012 10:45:54 AM

Monday, December 10, 2012 10:45:54 AM

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frankj, IF a potential buyout has any probability of happening, then I would suspect that any suitor would want the company to get the union and pension obligations renegotiated via bankruptcy BEFORE they made an offer of whatever is left of the company. IMO, the bankruptcy is a huge piece of leverage to get them reworked.
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