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mdimport

07/20/17 2:27 PM

#22135 RE: stealofadeal #22134

$TXHD Chapter 11 benefits the creditors -- substantially. Everyone will see soon enough if the managers threats of a reorganization filing are promises or empty threats.

$TXHD Common will be 100% wiped in the restructuring process, and management will be forced to work in creditors best interests. Maybe with the same manager, maybe with a new manager.