Oct. 2 at 6:11 PM
$OPI
$HTZ also filed for bankruptcy, but when used car values surged, bidding wars broke out and shareholders ended up getting significant compensation. Right now, interest rates are falling, office buildings are on an upward trend, occupancy rates are rising, and OPI doesn’t even have excessive debt compared to asset values,l. so there’s no way acquirers won’t step in. Since it’s a rising market for offices, they’ll want to relist quickly, and to relist quickly they’ll likely give substantial compensation to existing shareholders to avoid litigation issues.
