[USS Alaska]

I like the Dinosaur Death watch myself. With that said, The Detroit News closing sort of makes that place like a black hole. With no information leaving.

You are bipolar but you should read the story.

No papers will close, this is just an equity for debt swap.

Creditors will take stock for debt and they have already agreed to the deal.

They probably think this is better than nothing.

[BipolarBob]

You are bipolar but you should read the story.

You are not the first to make this observation so I guess I should give it some credence.

[Extremely Extreme Extremist]

You are bipolar but you should read the story.

ROFL

[Reeses]

They probably think this is better than nothing.

A second bankruptcy is just a matter of time and the new equity holders will get nothing just like the old equity holders. They would be better off staying bond holders and going through liquidation if they want to get something. MBAs are taught how to take off and fly a business, but no one knows how to land. They always fly until there's no more fuel then crash straight down into the ground with no survivors.