Sources: Genesis creditors are negotiating a bankruptcy plan with the firm and would agree to a forbearance period in exchange for cash payments and DCG equity (The Block)
The Block:
Sources: Genesis creditors are negotiating a bankruptcy plan with the firm and would agree to a forbearance period in exchange for cash payments and DCG equity — - Genesis creditors are negotiating the terms of a possible Chapter 11 filing, according to sources close to the matter.
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