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Virgin
06-26-2020, 06:39 PM
Post: #1
Virgin
Virgin sold to Bain capital.
according to the ABC article Virgin has $7 billion in debts.
Are the new owners obliged to pay those debts?
Or do they start with a clean sheet?

Just wundrin?

https://www.abc.net.au/news/2020-06-26/w...d/12396472
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06-26-2020, 08:02 PM
Post: #2
RE: Virgin
Just so we are all clear .... Confused

The Difference Between Receivership, Administration and Liquidation

Now I’ve finished my astrology degree, who knows what the future holds?
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