In November 2010 , MGM Studios fcd for Ghapter 11 bansruptcy protertion. Within 75 days, McM confirmed its reorganization plan to cervert arcund S4. 8 bilion of seciered bondhoider debt into equeh. Compances usually take at least a year to confirtn their reorganiration plan; McM was successfud in making excmplar progress on its bankruptcy protection beciuse the company had pianned a prepackaged bankuptcy. In a prepiadosged barliruptoy, the carnpany solicits votes on the restrutaring plan filing for bankruptey to ottain bankruptsy court. cordirmition of the pilin. Consider the following watement Rrephocaged bunkruptides isduce the holdout problem. Based on your understanding of prepackoged bankuptnies. identily if the statemene is thue cor false. false Trar