Chevrolet Corvette Stingray C7 Forum - View Single Post

dayvedayve · 04-30-2009, 08:29 PM

The hedgefunds didnt want to take pennies on the dollar in stock. One changed their mind after the bankruptcy filing. I guess those pennies looked better than what they would get from the bankruptcy court.

04-30-2009, 08:29 PM	#25
dayvedayve Drives: 2006 Chevy Avalanche Join Date: Aug 2008 Location: Gulf Coast of Texas Posts: 386	The hedgefunds didnt want to take pennies on the dollar in stock. One changed their mind after the bankruptcy filing. I guess those pennies looked better than what they would get from the bankruptcy court.