Replies to post #2036 on Cyxtera Technologies Inc (fka CYXTQ)

[pinkslipjunkie]

I wonder if we will hear anything about yesterday's final bid results.

[mess124]

What's your point?

This below does not mean they continue operating with current shares or even staying a traded company. They could and most likely would go private. I will admit there is a better chance here than playing the lotto!

* Closing the Sale: If the court approves the highest bid, the sale is closed, and the successful bidder acquires the assets or business operations. The proceeds from the sale are used to pay off creditors as per the court's orders.

Auctions in Chapter 11 bankruptcy are meant to facilitate the sale of assets or businesses at fair market value, maximize recovery for creditors, and allow the company to restructure and continue operating if possible. The specifics of the auction process may vary based on the company's situation and the court's decisions.

[Price1]

Real degenerates just keep it all in. I know I should be riding for free. I just don’t want to sell any of it.