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Originally Posted by hi_im_god
bondholder's aren't the same of shareholders.
your question is could the bondholder's cancel the bc if mec seeks bankruptcy protection.
i'm not sure.
but it's like asking if they could burn santa anita to the ground.
why would they want to?
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If MEC went bankrupt which is not an impossible event that would essentially make certain that racing in Maryland would fold. Closing Pimlico and allowing the decay of Laurel to the point where simulcast customers outnumber people in the stands most days 5-10 to 1 just shows you why Magna deserves this stock price and less.