if there is no deal, the company fails.
Sure maybe not this half, but the next one or the one after that.
The board has got GSO to put a deal on the table. The banks know what they will get if they take it.
They are employing people to see if they can get more another way.
Its a lawyers and accountants picnic, and their all looking for something to eat.
GSO are guaranteed a profit, that's the bonus for putting the first deal on the table.
Worry about the price of this or that is for after the deal.
For now all the business can do is what they are told. cut costs and go lean.
No one knows what the cost structure will be because no one knows what will be left
ARI Price at posting:
2.4¢ Sentiment: None Disclosure: Held
