Subject category:
Finance, Accounting and Control
Published by:
Darden Business Publishing
Length: 22 pages
Data source: Published sources
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Abstract
Pegasus Communications'' main operating subsidiary is in bankruptcy, almost 70 percent of its stock is held by one individual and the short interest equals 40 percent of shares outstanding yet its market cap is $120 million. This case serves as an introduction to short-selling as well as distressed investing.
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Abstract
Pegasus Communications'' main operating subsidiary is in bankruptcy, almost 70 percent of its stock is held by one individual and the short interest equals 40 percent of shares outstanding yet its market cap is $120 million. This case serves as an introduction to short-selling as well as distressed investing.
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Industry: