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31.08.2015 15:10
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Critical Due Diligence Discovered Amidst Bankruptcy Speculation - BrokerBank Securities
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PR Newswire
NEW YORK, Aug. 31, 2015
NEW YORK, Aug. 31, 2015 /PRNewswire/ -- Republic Airways Holdings, Inc. (NASDAQ: RJET) shares have fallen from $8.50/ share on July 24th to a low of $2.01 on August 27th as the airline battles the Teamsters union representing its 2,200 pilots. There is speculation that RJET will file bankruptcy should the negotiations fail. On Friday the company's shares bounced up, closing at $2.65.
Our due diligence discovered exactly where the Union negotiations stand. To view use the link below.
About Republic Airways Holdings, Inc.
Republic Airways Holdings Inc., through its subsidiaries, provides scheduled passenger services. The company offers scheduled passenger service on approximately 1,229 flights daily to approximately 101 cities in the U.S. and Canada.
FORWARD-LOOKING DISCLAIMER
This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This release and report was prepared for informational purposes only. Affiliated parties involved with producing and issuing this release have not been compensated in any form by any source. A full disclaimer can be found by viewing due diligence. We are only human and may make mistakes. If you notice any errors or omissions, please notify us below.
BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/critical-due-diligence-discovered-amidst-bankruptcy-speculation--brokerbank-securities-300135093.html
SOURCE BrokerBank Securities, Inc.
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