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Presumably it goes to the creditors, just like if the assets were sold off individually. I don't imagine there will be any surplus. From the banks' point of view, still better than flushing it down the drain.
posted by 24.246.55...
Posts in this Thread:
- Youngman to buy Saab, start producing NG 9-3 in 15, JTMav, Thu, 19 Jan 2012 05:25:17
- And behind door number 2 is Brightwell, JTMav, Thu, 19 Jan 2012 10:45:26
- Woohoo! n/nm, nwas, Thu, 19 Jan 2012 10:31:09
- James is correct, the 9-3 will be de-GM'd but looks, JTMav, Thu, 19 Jan 2012 08:01:18
- not exactly., James, Thu, 19 Jan 2012 06:00:22
- So, who exactly are they buying it from?, B Millar
, Thu, 19 Jan 2012 05:42:26
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