Thread regarding Education Management Corporation layoffs

EDMC Stock Drops by 20% After Agreement Reached with Creditors

Initial EDMC press reports a 10% increase the morning after the announcement, but quickly fell by 20% to 1.33 after the dust settled.

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Bloomberg News

Education Management Sees Enrollment Falling Through 2015

By John Lauerman August 29, 2014

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Post ID: @32Oz+xiKDWfQ

CCI/COCO all over again. Time to deploy the life rafts.....

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Stock tumbles as much as 23% http://www.bloomberg.com/news/2014-08-27/education-management-strikes-debt-for-equity-deal-with-creditors.html

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Post ID: @u6K+xiKDWfQ

Education Management Lenders Get Control in Debt Swap

http://www.businessweek.com/news/2014-08-27/education-management-strikes-debt-for-equity-deal-with-creditors

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