Oct. 17 at 6:08 PM
$DBD management accomplishement
Hight debt, bankruptcy, old shares canceled . Do u wanna be part of this???
Play at your own risk. Do your own dd
Plenty fish in the sea. This one stinks 🤮
Acquisition of Wincor Nixdorf: Diebold Inc. acquired the German company Wincor Nixdorf in 2016, leading to increased debt.
Financial difficulties: Excessive debt and declining sales, exacerbated by the COVID-19 pandemic, led the company to file for Chapter 11 bankruptcy in June 2023.
Old shares canceled: As part of the restructuring, all previously existing stock was canceled, and former shareholders received no recovery.