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It was an asset purchase, not an acquisition, so the debt stayed behind.
by sachinag 17y ago
It was an asset purchase, not an acquisition, so the debt stayed behind.
- ComputerGuru 17y agoOuch. That really sucks, because without assets there's no way to pay off that debt. Unless of course they can just file for Chapter 11? I don't know much about finance, but if they can, that would be really, really cheap!
- deleted 17y ago[deleted]