Quote:
Originally Posted by tophcfa
I’m sure it would have been interesting to be a fly on the wall at the August 6th creditors meeting. Hopefully the bankruptcy court is prioritizing the best interest of TVH patients throughout this process?
|
seems like that would be a first, but lets hope so!
The value is in the assets, physical mostly. . the bankruptcy is in the debt portion being bigger than the asset portion. . .
TVH didn't hide anything, they just found a payment loophole and exploited it until they got caught. . The buyers saw an extremely profitable company and was looking to either buy it, get in on the profitability, ie competitive intelligence, or bankrupt it and buy the physical assets as distressed property.
having worked in M&A along time ago, many interested buyers are also looking for competitive intelligence, even after signing an NDA. . for their own interests. .