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Almost certainly any new money raised would be on terms that wipe out nearly all existing holders of equity. https://www.investopedia.com/terms/c/crammeddown.a
by pbreit 8y ago
Almost certainly any new money raised would be on terms that wipe out nearly all existing holders of equity.
https://www.investopedia.com/terms/c/crammeddown.asp https://www.investopedia.com/terms/c/crammeddown.asp