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Fidelity National Financial, Inc. Message Board

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  • dickeypiper1 dickeypiper1 Feb 25, 2012 9:01 AM Flag

    CHUX Acquisition?

    Study the Carl Jrs/Hardees fiasco that Foley was involved with. Proved without a doubt that the metrics that work in the insurance business do not apply in the restaurant industry. The real risk is that CHUX will result in good #'s (I think it will especially with cost cutting) and then they start making even bigger acquisitions and that's where the risk of error increases exponentially. Also might want to look at FNF's acquisition of Ceridian....Foley and his private equity partners thought that everything they touched turned to gold and then they paid a ridiculously high price for a company that continues to lose $.

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