Pegasus Communications
Eaker, Mark R., Ri...
Pegasus Communications
Eaker, Mark R.; Right, Jonathan M.
Forio Simulation | Published December 9, 2004 | 22 pages Case
Collection: Darden School of Business
Product Details
Pegasus Communications' main operating subsidiary is in bankruptcy, almost 70% of its stock is held by one individual and the short interest equals 40% of shares outstanding yet its market cap is $120 million. This case serves as an introduction to short-selling as well as distressed investing.
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