Shareholders hit hard as Seadrill files for Chapter 11 bankruptcy - ...

09/14/17

Shareholders hit hard as Seadrill files for Chapter 11 bankruptcy
New York Daily News
OSLO (Reuters) - Seadrill Ltd, the indebted oil rig firm controlled by Norwegian billionaire John Fredriksen, has agreed a restructuring that almost wipes out existing shareholders after filing for Chapter 11 bankruptcy protection. A deal with a ...