XO Holdings: Raise Morale and Open Communications [View article]
This is pretty interesting. But I wonder if you could tell us in very simple, plain language what protections minority shareholders really have in this case from Icahn letting the company file Ch 11 and coming out owning the company through his secured and unsecured debt positions? This really looks like a loan-to-own strategy.
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XO Holdings: Raise Morale and Open Communications [View article]