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Shares of Central European Distribution (CEDC -23.4%) crater after the company files notice with...

Shares of Central European Distribution (CEDC -23.4%) crater after the company files notice with the SEC that it will delay the filing of its 10-K and sees taking a $400M writedown due to goodwill in a pair of subsidiaries. (8-K)
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Comments (1)
  • GianniG
    , contributor
    Comments (2) | Send Message
     
    Despite excellent improvements on trading results in Russia, company will be driven into bankruptcy by Tariko to then buy it off current shareholders for cheap and start over again. That is cheaper than continuing like this. and, it is Russia, so who cares about Americal shareholders !?
    20 Mar 2013, 06:15 AM Reply Like
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