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Leap reorganization offers investors good and bad news: Peregrine Systems bondholders get shares as others still wait.

Publication: San Diego Business Journal
Publication Date: 27-OCT-03
Format: Online - approximately 362 words
Delivery: Immediate Online Access
Full Article Title: Leap reorganization offers investors good and bad news: Peregrine Systems bondholders get shares as others still wait.(Public Companies)(Leap Wireless International Corp.''s bankruptcy reorganization)

Article Excerpt
Leap Wireless International Corp.'s confirmation of its bankruptcy reorganization plan last week was touted as a good thing by the failed San Diego-based telecom, but it also depends on one's perspective.

Those who own Leap Wireless common stock, or who are unsecured creditors, probably are not jumping for joy.

On the other hand,...

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