Thread regarding Commscope Inc. layoffs

8 Individuals Hold over 50% of All Stock

Yes, 8.

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| 901 views | | 2 replies (last February 24, 2024) | Reply
Post ID: @OP+1rdiAoed

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Whether it is institutions or people, they are still mighty p!ssed off given how much money they've lost on us. Some of those institutions probably bought huge loads of our stock when it was in the $20s or higher. I wish we would just go bankrupt -- we'd be a very solid business if we could jettison 3/4 of our debt in Chapter 11. But Carlyle will never let that happen, so instead we have to suffer through round after round of cost cuts to keep the company on life support while we pay obscene amounts of interest on our huge debt load. Meanwhile, Chuck doesn't know an antenna from an ant eater.

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Post ID: @1xnq+1rdiAoed

Eight institutional investor groups hold the 50% of the stock. That’s a far difference that 8 people.

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Post ID: @zqy+1rdiAoed

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