#Rumor Update
02-Jun-94 01:32:16
Sb: #149774-#Rumor Update
Fm: Russell Williams 72672,2260
To: Brian Bartlett 72037,570
I have to disagree. I've been through a buyout, and even when the participants
are serious, it is the longest, maddening, drawn out process you can imagine.
Sometimes companies move slowly, but more often it occurs over a period of
months, not weeks.
The surprising thing to me is that I thought Commodore had a May 30th court
date in the Bahamas to start the bankruptcy proceedings. Did I remember this
right, and if so, did it happen, and if so, what happened? That should give us
quite a few clues there.
-R