School Specialty, Inc (fka SCHSQ)

[DFYSW]

I'm not on Twitter but it's exactly as finbar99 said earlier; IF enough of the objecting noteholders now have been bought off then equity is toast unless whomever purchased all those shares last week makes some play to wrest the estate away from the DIP with enough cash to pay off all debts and still have something left for over for shareholders. Stranger things have happened but I've not seen it.

However, over three weeks until voting on May 20 (if that date holds) is a long time in BK for a little and uncomplicated business that is ripe for the taking, so anything can happen if there is someone who wants it enough.