• @Radicalized
    link
    111 year ago

    Presumably it’s only for their US holdings.

    • @TIEPilot@lemmy.world
      link
      fedilink
      131 year ago

      I would like to know that 100%. The mother corporation can push their debt onto subsidiaries like the US holdings.

      I have seen this happen a few times when the company I work for get bought out/taken over. These were multinationals, but no bankruptcies happened. We just had to suck it up and pay it down…