Without Citadel deal, Sowood investors may have lost 100%

Because the PB would have liquidated the positions...the open market wouldn't have taken that too well.

:D

Viva Citadel!

Quote from bidask:

why would the fund have 0 value if citadel doesn't buy it? citadel bought at a discount, so obviously there's still some value, correct?
 
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