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Sears Holdings Corporation 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
14.11+0.04(+0.28%)Aug 26 4:00 PMEDT