Sentences with phrase «preparing for liquidation»
Today it was leaked that the company is preparing for liquidation in the US as it couldn't find a buyer and couldn't get the creditors to agree to take massive haircuts in a restructuring deal.
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It is imperative for company leaders to train and prepare their successors to assume their future roles in the event of a death, retirement or liquidation of any shareholder.
China Huishan Dairy Holdings, struggling under billions of dollars worth of debt, is preparing for provisional liquidation.
Our board of directors considered the fact that we were in the early stages of considering strategic alternatives that could create more value for shareholders than the Tang Capital proposal, that the directors believed that continuing to execute on our strategic plan, which included conducting the PROSPECT II clinical trial and continuing to develop our Renova ™ Cortical Stimulation System, could ultimately create more value for shareholders than the Tang Capital proposal, and that management had prepared an informal liquidation analysis which showed that the estimated liquidation value of Northstar at that time was greater than the price in the Tang Capital proposal.
Prepared daily Bear Stearns wires, liquidations and bank deposits for clients and company.