InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,183.20
(
-0.16%
)
Dow Jones
39,127.80
(
0.00%
)
Brent Oil
85.04
(
0.67%
)
Bitcoin
61,151.81
(
0.56%
)
Post# of 3601
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

1manband

Send PM Follow Ignore
Followers 171
Posts 20553
Boards Moderated 5
Alias Born 09/06/2010

1manband

Re: odiaz28 post# 3336

Thursday, 09/05/2013 8:15:42 PM

Thursday, September 05, 2013 8:15:42 PM

Post# of 3601
No, this will not be a subsidiary of PGI. They are paying cash and ACTT will be liquidated. The $44 million will go to the preferred holders and the common stock will not only get nothing, it will be wiped out.

And that will be the end of it. That is how it works.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up