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by beagle3
2288 days ago
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> If you offered to give Boeing $60B in exchange for 100% of the company, shareholders would reject it. Might as well take your chances that the company will survive. Fire all employees, eliminate all payroll for a year, and then try and re-start in 2021. If you ask too much, investors have other options. Well then, the investors or government should just wait for the chapter 7 or chapter 11 filing if an offer is rejected. If one never comes, it was rightly rejected; and if one does - well, the party with the cash gets to set the terms. |
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