Lodgenet, School Specialty, and PowerWave filing for bankruptcy

(via www.distressed-debt-investing.com)

Big day / weekend for distressed debt investors with three relatively decent size filings in Lodgenet, School Specialty, and PowerWave. Still seeing runs kinda all over the place given the lack of liquidity in some of the names. I'll be back with more on each of these throughout the next two days.

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