Beleaguered vodka maker Central European Distribution (CEDC -8%), which is in the midst of a...

|About: Central European Distributi... (CEDC)|By:, SA News Editor

Beleaguered vodka maker Central European Distribution (CEDC -8%), which is in the midst of a restructuring, has received a new proposal from a consortium of investors which includes Stolichnaya Vodka owner SPI Group. The offer: $280M in cash and $650M in debt in exchange for 100% of the restructured equity.