Pegasus Communications principal operating subsidiary is in bankruptcy, is almost 70% of the shares held by a person and the short interest represents 40% of the outstanding shares or its market capitalization is $ 120 million Euros. This case serves as an introduction to the short sales and distressed investing.

Pegasus Communications principal operating subsidiary is in bankruptcy, is almost 70% of the shares held by a person and the short interest represents 40% of the outstanding shares or its market capitalization is $ 120 million Euros. This case serves as an introduction to the short sales and distressed investing.
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from
Mark Eaker,
Jonathan M. Right
Source: Darden School of Business
22 pages.
Release Date: 09 December, 2004. Prod #: UV3977-PDF-ENG
Pegasus Communications HBR case solution

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