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the sale of the company
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Author: private equine Date:
6/23/2023 4:34:47 PM +6/-0
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Private equity companies general hold a position for approx. 5-7 years, both KKR and American securities( the parent companies for GMR and AMC respectively) have held them for approximately 6 years apiece. With the no surprises act, poor medicare reimbursement, VA trying to get in on the lower payment scheme, as well as the dwindling pilot pool, and upcoming debt payments for either company, a sale or restructuring for one or both companies would seem imminent. What that will look like for all of the current employees is up for speculation, there seems to be a lot of strange going ons in Denver |
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GMR rating drops again, creditors concerned
+5/-1 Bloomberg 6/22/2023 8:43:19 PM
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