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More on Digital Domain (DDMG) bankruptcy: The company agrees to sell its main operating unit,...

More on Digital Domain (DDMG) bankruptcy: The company agrees to sell its main operating unit, Digital Domain Productions, to P-E firm Searchlight for $15M, although the deal is subject to other bids. Senior noteholders, led by Hudson Bay, will provide DDMG with up to $20M in debtor-in-possession financing. (PR)
Comments (3)
  • FADIV
    , contributor
    Comments (2) | Send Message
     
    What Law firm is doing the Class Action Suit ?
    11 Sep 2012, 03:40 PM Reply Like
  • LaDyDi3200
    , contributor
    Comment (1) | Send Message
     
    Sorry for my ignorance but would appreciate a reply. I have never been involved in a bankruptcy where there had been almost an immediate buyer - is my stock still rendered worthless?
    12 Sep 2012, 05:56 PM Reply Like
  • dobl
    , contributor
    Comment (1) | Send Message
     
    That is a good question and I am afraid the stock is worthless but am hoping not. I still love the concept.
    13 Sep 2012, 09:29 AM Reply Like
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