Would you rather be a creditor in the holding company

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Question: The Vulture Dispute: By the spring of 2005, two vulture investors had accumulated significant stakes throughout Adelphia's capital structure, including debt issued by Adelphia's Arahova subsidiary (held by Appaloosa Management).

Would you rather be a creditor in the holding company or in a subsidiary?

What are these hedge funds arguing about? How serious are their disputes?

Reference no: EM133432238

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