1. Purdue Pharma CEO: Bankruptcy is an 'Option'

    Purdue Pharma CEO: Bankruptcy is an 'Option'

    “Anything is possible in a bankruptcy,” said Charles Elson, director of a corporate - governance center at the University of Delaware. “But the idea is to ...

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    1. Anything is possible in a bankruptcy.
    2. Essentially, what you would be trying to show is that the company is worth more to creditors alive than dead.
    3. We don't want any of these companies to go out of business; this is not an act of vengeance.
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