mj
you are entitles to your view. If you are going to reduce yourself to petty name calling then i am afraid all will see you for what you are.
IMHO there is SIGNIFICANT downside for tpg and co.
Let me ask you they have invested a substantial amount to acquire the debt in AEJ, why did they not simply make a take over for the co..... Because they would have to pay a premium, and they wanted to acquire the company as cheaply as possible, which is why they went the dscounted debt rout.
Now i do not pretend to be a banker, but I would have thought the longer they are tied up in aej the longer it takes to get a return, therefore they would like a quick resolution. In order to get a quick resolution they need to pay up, simple!
I am voting NO, please feel free to vote according to what is in your own interest as a NO vote is in mine!
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