company split

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The Motley FoolThe Motley Fool··Johnny Rice

New Fortress Energy Shareholders Face 65% Dilution in Debt Restructuring Deal

NFE stock plummets 20.3% after announcing debt restructuring. Shareholders diluted to 35% ownership; creditors gain 65% stake plus $2.5B in preferred shares.
NFEshareholder dilutionliquefied natural gas