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Hallwood Group Incorporated Com Message Board

  • p11ke p11ke May 4, 2012 4:53 PM Flag

    Sell Brookwood

    Could be a good time to sell the Brookwood division and then announce a plan of liquidation.

    Assuming Brookwood could at least be sold for book value, then there should be plenty of cash available for distribution, even after the legal bills are paid.

    The liquidation distributions would be taxed at capital gains (if stock held for more than a year) which would be a good thing this year.

    The main shareholder could then take his cash and business activities to the private markets.

    Hopefully this is being looked at as a good option?

 
HWG
12.340.00(0.00%)May 16 12:42 PMEDT

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