Trident Microsystems (TRIDQ) – Value in Bankruptcy
By Elie on Wed, 2012-02-01 17:41
(via valueslant.com)
Trident Microsystems (TRIDQ) is a recent bankruptcy where there might actually be a substantial recovery for the equity. There appears to be a. downside protection in the form of substantial value to the equity in a liquidation scenario, b. upside in a reorganization of the company as a going concern, and c. a party that will go to bat for the interest of the equity holders.
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