Replies to post #367 on Dex Media Inc. (fka DXMMQ)

[vwstephe8]

The last BK did not wipe out shareholders.

[John Deere1]

Nah, they will restructure the debt within the next month. They have plenty of cash on hand as well- much more than last reported in Q2 earnings.

"Certain of the Company’s lenders have formed an Ad Hoc Group for the purposes of negotiating a possible restructuring of the Company’s senior secured credit facilities and have engaged in such negotiations with the Company."

"As of September 25, 2015, the Company had a cash bank balance of approximately $251.6 million, which provides substantial liquidity to fund its current operations."