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Old 09-30-2008, 10:57 PM
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hi_im_god hi_im_god is offline
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Join Date: Nov 2006
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Quote:
Originally Posted by DogsUp
Here is the link: http://news.bloodhorse.com/article/47330.htm

Now I am not a business person at all, but if the shares continue to decline, could the people who own MEC debt cancel the Breeders Cup?
bondholder's aren't the same of shareholders.

your question is could the bondholder's cancel the bc if mec seeks bankruptcy protection.

i'm not sure.

but it's like asking if they could burn santa anita to the ground.

why would they want to?
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