No I don't know anything. While I'm sure many regionals would prefer to pickup the pieces after liquidation, that might not happen. A low-debt "optimized" mesa might be worth a few bucks to somebody.

Also the creditors might insist on such a deal prior to allowing mesa to exit BK (I would). That way they get as much cash as they can up front and walk away vice getting paid in questionable mesa-2 stock.