Hi Gardie,
to an average guy on the street..
it looks like a mortgagee sale and the homeowner/shareholder owner doesnt get to see the figures, [numerical or itendity],of the buyer...
The buyer picks up a bargain...Creditors get a return.
The distressed owner has no say...
The staff are happy with an income from the most positively placed employer or any viable employer.
I suppose that the Bell assets were sold too and yet twenty years later, creditors? [dont know about shareholders] won their case for compensation with massive interest.
If MFS shareholders were going to make claims, they are certainly quiet or quietly watching developments.
Gardie, you say.."Something doesnt smell right here"
Its been that way since Jan'8.imo.
"If it looks too good to be true, it usually is."
comes to mind.
Even the negotiations reveal something, dont they?
I am still sitting tight and waiting for the judgements of our courts.
For the sake of our travel industry I would get behind the owners of Stella..it still has our managers ..it looks just the same ...profits go? OS? and
it has just removed a tier of owners to please/pay, us,the OCV shareholders.Tiers of owners is still an issue to ponder,imo.
Well thats how I see it.
Seamisty thanks for the reply and updates re PIF.
This response is not information driven, and is more personal sentiment.
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