This will be a good lesson for u.. not in the mood to explain what u should already know “Liquidation will almost certainly result in no residual value for non-secured creditors and equity investors.”
They DIDN'T find a buyer. There were no bids. This has already moved to LIQUIDATION. The business is OVER. All that is being sold now are the individual assets, and the receiver takes bids for the PIECES. See the PWC report. There will be no reorg or continuation of the corporation. It's done - there were no bidders and liquidation is already underway. The corporation itself does nott survive - it becomes dissolved.
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