Hi guys,
it would only be very slim comfort to those that hold but the appointment of voluntary administrators is better than the next option.
Companies sometimes resort to this measure when they need to buy some time ahead of a potential banker appointed administrator or liquidator being brought in.
Wonder what Ericcson think about all this. Didn't they take shares as part payment for their sale to TNY?
Still, its not good.
Fortunately I do not hold.
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