date:Jul 04, 2012
at par, orface value, as well as inject 25 million into the company.
Two sources told Dow Jones that the Findus board and thecompany's largest senior lenders are supporting a plan fromLion, which holds a stake in the mezzanine debt alongside JPMorgan and Highbridge Capital Management. One source said theTriton offer would either require approval from both senior andmezzanine lenders, or would need to go through a legal processand carries the risk of litigation from junior creditors. Asecond sou