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Strategies & Market Trends : Value Investing

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To: 56Chevy who wrote (55520)6/23/2015 1:49:02 PM
From: E_K_S  Read Replies (1) of 78714
 
Re: EXCO Resources Inc. (XCO)

Wilbur Ross hand picked Wilder and took his time doing it too (over a year). Nice to see he made Wilder put skin in the game (buying common shares) as well as warrants (I noticed that there are three different schedules out over three years). The warrants still are based on common shares (means dilution for current common share holders) but that's another backstop for the senior bond holders.

It looks like a good partner for Wilbur.

EKS
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