Replies to post #1426 on Pacific Sunwear of California Inc fka PSUNQ

[-GREY-]

but only after first buying existing s/h out.

Preferred, not common.

[PStockPickz]

http://bankruptcy.findlaw.com/chapter-13/corporate-bankruptcy-what-every-investor-should-know.html

[amc]

Yep people need to learn the difference.

[AUDACIOUSWON]

Do you know how swapping debt for equity works? Typically they go through BK, then the new holders of the company take private.

How would they take it private before they own it? What would the advantage be of buying out vs BK?