| reply to cork1958
Re: From the sounds of it LET'S MAKE THINGS SIMPLE. VERIZON HAD A COMPANY BOGGED DOWN IN HUGE DEBT. ITS LAND-LINE CUSTOMERS WERE LEAVING IN DROVES FOR WIRELESS SERVICE, LEAVING LITTLE HOPE OF RECOVERING THEIR INVESTMENT. FAIRPOINT COMES ALONG, PAYS SOME CASH AND TAKES ON THE HUGE DEBT. FAIRPOINT GOES BANKRUPT, THE DEBT PART DISAPPEARS IN BANKRUPTCY COURT, AND THE REMAINING DEBT FREE COMPANY IS SOLD OFF TO A RELIABLE COMPANY (THE WHITE KNIGHT) TO COME SAVE OUR DIAL TONE......IT WAS A WELL THOUGHT OUT PLAN BY VERIZON. NO-ONE ELSE WOULD BE STUPID ENOUGH TO TAKE ON SUCH A LEMON OF A COMPANY (PLANT-WISE) TO BELIEVE THEY COULD MAKE MONEY HERE. IT'LL BE A BARGAIN FOR SOMEONE VERY SOON........ |
