Quote:
Originally Posted by Busty2
Chapter 11 allows companies to reorganize their debt and pay their debtors over time. It does not negate investors coming in and taking over by paying off debts and thereby taking control of the company, given all parties full agreement of course.
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Again, I don't think you know how this works. Gibson is not for sale by it's debtors. They made a deal before filing for Chapter 11.