Seeing how they were rumored to be raising money at a lower valuation than this 3 months ago[1], it's hard to see how this could be a distressed sale. [1] http

Seeing how they were rumored to be raising money at a lower valuation than this 3 months ago[1], it's hard to see how this could be a distressed sale. [1] http://www.business-standard.com/article/finance/redbus-in-being-valued-at-110-mn-113032700140_1.html http://www.business-standard.com/article/finance/redbus-in-b...