Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind

this is a liquidation sale, not a restructuring sale.

it is likely, someone is bidding to buy the brand and intellectualy property only. it the bid is high enough, it would be accepted, and the physical assets sold as scrape.


10 posted on 11/19/2012 3:37:57 PM PST by rigelkentaurus
[ Post Reply | Private Reply | To 1 | View Replies ]


To: rigelkentaurus

I kind of expected our fearless leader, the great and powerful O, to step in and declare this bankruptcy unpatriotic and demand that the rich, white, corrupt owners continue to operate,at a loss, while paying all the employees what ever they demand.


11 posted on 11/19/2012 3:52:35 PM PST by cotton
[ Post Reply | Private Reply | To 10 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson