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Sears Holdings Corp. (SHLD) Message Board

  • deshrex deshrex Oct 10, 2012 8:11 PM Flag

    Apex Tool sale...

    Apex Tool makes Craftsman products. It's being sold by Danaher and Cooper to Bain. It's being sold for a little more than 1x revenues, which is interesting since Wall Street continues to put a severe discount on SHLD revenues, now trading at .15 revenues (Yahoo).

    http://www.bloomberg.com/news/2012-10-10/danaher-to-sell-apex-tool-group-for-1-6-billion-to-bain-capital.html

    Sentiment: Hold

 
SHLD
41.77-0.9300(-2.18%)Apr 21 4:00 PMEDT