you are viewing a single comment's thread.
“If you want to buy the company, you'll have to fund the acquisition with cash or stock, not the internal resources of Krispy Kreme, such as its cash position and extant tax shields,” Plath said.
That is most likely the reason for the recently announced "Tax Asset Protection" Plan.
KKD wanted to make sure any POTENTIAL acquirers do not get cute with an offer.
Either pay what the company is worth...or stay away.