Troubled Health Care Company Realizes Successful Sale with AEG as Chief Restructuring Officer [more]
6/15/2023AEG was initially retained as advisor to assess company’s liquidity position and the viability of an in-the-market sale process which had languished for over a year. The company’s marketability was further complicated by regulatory enforcement actions directed at company. With liquidity continuing to tighten and the sale process getting further delayed, AEG was retained as Chief Restructuring Officer to facilitate a resolution. Ultimately AEG was able to stabilize the cash position without third party support, resolve the regulatory issues, and execute on the sale at an attractive sale price.