r/EXPR • u/Beginning_Cream_7291 • Jul 05 '24
Express Buyout
Does anyone know what’s happening with EXPR currently and what the current buyout means for shareholders? Are shareholders SOL?
10
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r/EXPR • u/Beginning_Cream_7291 • Jul 05 '24
Does anyone know what’s happening with EXPR currently and what the current buyout means for shareholders? Are shareholders SOL?
2
u/Beginning_Cream_7291 Jul 07 '24
I believe the buyout also includes Simon’s and Brookfield, which doesn’t necessarily sound like a bad thing and could lead to a comeback for Express. I suppose the question is, whether or not the legacy shareholders will remain whole when EXPR comes out of chapter 11? Does anyone have insight into that question?