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Old 12-28-2008, 05:41 PM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,622
Why would AFF close?

They are not citibank so no bail out but wouldn't a bankruptcy be handled like any other? Enter receivership and the receiver closes shit that does not make money or have value and sells the rest for what they can get. AFF as a money making enterprise has to have some value and i would say since it sold for 400 mil the value would be at minimum 40 mil. So why would they close it? Never been through a big bankruptcy so what am I am missing?
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