The Equity Committee Trend: When Shareholders of a Bankrupt Company Hope to Get More Than Nothing |
October 15, 2016 | October 2016 Bond Updates |
The publicly traded shares of Breitburn Energy Partners - at one point expected to be worth virtually nothing after Breitburn filed for bankruptcy in May - closed at 40 cents today. That’s up 65% compared to yesterday’s close on the over-the-counter markets under Breitburn’s BBEPQ ticker and a full 600% increase in the last month. |
View more at: http://www.forbes.com/sites/maxfrumes/2016/10/14/the-equity-committee-trend-when-shareholders-of-a-bankrupt-company-hope-to-get-more-than-nothing/ |
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