Central European Distribution (CEDC) files for U.S. bankruptcy as the company seeks to eliminate...

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

Central European Distribution (CEDC) files for U.S. bankruptcy as the company seeks to eliminate $665.2M in liabilities. "Shareholders are ending up with almost nothing," one analyst told Bloomberg. Roustam Tariko's Roust Trading will control 100% of the equity in the reorganized entity.