Replies to post #27496 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[TenKay]

Why would the debt holders give money to the common equity when they don’t have to and are forced to take a debt for equity swap?

They wouldn’t.

The “offer” that was posted was a straight out debt for equity proposal. Who knows whether it will be accepted or not.