Monday, May 3, 2010

The shares of Canwest held by existing shareholders will be extinguished without compensation.

What was the point of the voluntary CCAA filing then?
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Canwest shares to be expropriated without compensation
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http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=http%3a%2f%2fsystem.marketwatch.com%2fnewscloud%2fdocguid%2f%7b104E55D3-5A5E-4E48-A1D8-E13790CFC9D8%7d&symb=CGS

Canwest voluntary CCAA filing results in