...

Primarily motivated by the weak cash position of the company and the heavy burden of debt on our balance sheet, Luminant has been exploring some strategic options for our company moving forward. And it’s our expectation that any sale of the company that we might accomplish would be done through a court-supervised proceeding. And it’s unlikely that following any such sale that any proceeds would remain for our equity holders.

Leave a Reply

Your email address will not be published. Required fields are marked *