well the Put holder is not a company that would panic...
Davidson Kempner Capital Management (DKCM) invests client assets using a variety of arbitrage and other event-driven strategies, including “risk” arbitrage transactions and investments in financially distressed companies. The firm's primary investment strategies include distressed investing; mergers and acquisitions (or “risk”) arbitrage; long/short equities; and convertible and volatility arbitrage.DKCM's distressed investments strategy involves investing in securities or other financial instruments of stressed or distressed companies undergoing liquidation, restructuring, refinancing pressures or substantial litigation. As these opportunities are identified, they are subjected to rigorous, fundamental, bottom up analysis. This analysis evaluates legal, financial, regulatory, litigation and timing issues..........
QIN Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held