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  Elsa bankrupt?!
Time: 15:26 EST/20:26 GMT | News Source: Guru3D | Posted By: Guillaume Hébert

The German Financial Times reports that Elsa is nearly insolvent. They say, seven of eight banks did not want to continue the credit line for Elsa. Elsa was hoping for a Taiwanese sponsor, but according to GFT the money from this deal would not have been enough to make them solvent again. At least it's mentioned that the Elsa company will not simply cease to exist, but the executive committee checks whether they should place an insolvency request or not.

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