"Solus Alternative Asset Management L.P. is a privately held, SEC-registered investment advisor. The Firm specializes in investing in event-driven, distressed and special situation opportunities. Based in New York City, Solus currently manages approximately $6 billion in assets for a diversified group of institutional investors and family offices worldwide."
Say Pucillo owned ALL of Fibertower...which he doesn't...and he brands spectrum as the oceanfront property that is nearly gone...which he has...do you think he would let it go at a mere 3.5% of his entire portfolio?
They specialize in distressed assets and they squeeze every drop of blood out of that turnip they possibly can. The beauty is they recognize it is a long agonizing process that can take years to pay off.
AT&T has their guaranteed (albeit tiny) footprint with their acquisition of "new Fibertower" and their existing licenses for $207 million.
I will gladly step down off my soapbox if someone can show me evidence that the returned licenses aren't the property of the pre-debtor estate and the "old Fibertower" regime.
Until then I'm going to cling to the coattails of people far smarter, crafter, and with far more at stake than any of us has. Including you Vuletini...
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