Sentences with phrase «capital after the auction»
Regarding the return of capital after the auction, it is no secret that Sellers Capital (owners of 46 % of the outstanding shares) would like to liquidate their position, so this is a perfect solution.
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The company, which filed for bankruptcy in February, is winding down its business after two liquidation firms — Great American Group and Tiger Capital Group — won an auction for the company's assets.
After an 18 - hour bankruptcy auction in December, Redwood Capital Investments emerged as the winner with a bid of $ 365 million for Erickson Retirement Communities, a financially troubled company that also happens to be one of the top brands in the...