Nine tables deal in bid to avoid administration

Nine tables deal in bid to avoid administration

Seattle : WA : USA | Oct 09, 2012 at 5:15 PM PDT
Source: The Age
Views: Pending
The two classes of debt holders are in a standoff about whether the company is worth enough to warrant the less secure lenders, represented by Goldman Sachs, receiving a share of the company as part of a debt for equity swap designed to save Nine from collapse. FULL ARTICLE AT The Age
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