Quote directly from today's 8k filing - Item 2.01. Completion of Acquisition or Disposition of Assets 2/3/15
8 replies (most recent on top)
Only uglier for the idiots who stayed.
CCI has nothing left in the tank and zero isn't the bottom. It's only going to get uglier from here.
I can't stop laughing about this post. I don't even know what to say. I just keep laughing. Zero!
This is what CCI leadership has delivered in the end. Negative value. Worst of all is the damage they inflicted on the poor deceived students.
That shows you exactly how much those schools are worth in today's dollars. Zenith has a lot of work to do.
What is left of Corinthian will quickly bleed to death.
This wasn't a sale. CCi is paying ECMC to take out their trash.
Plus, CCI is required to pay Zenith to operate their infrastructure for the Heald and CA trash that's left.