Liberty already holds 53% of Sirius XM's stock, and this matter would need approval of an independent Board and a majority of the minority stakeholders in Sirius XM.
Sirius XM has hired Evercore to assess the deal and offer guidance to the independent board. Liberty Media stated today that the company has fielded questions and had exchanges with the Board at Sirius XM relative to the deal.
In order to provide excellent customer service there has to be at a minimum an employee in front of the customer. Enter any busy Walgreens store and wait in line. If it is a slow store you wait for the employee to come to the register. Maybe the new AD campaign should be Wait at Walgreens Were Worth It!
As a stockholder the run has been terrific. But actually shopping there. Not the best experience.
Looking at the poor service list WAG, CVS, RAD it becomes apparently clear that pharmacies push into medical services paralells the extremely poor service you receive at any physicians office.
Its good to see someone else out there. The turn around in this company since the stock issuance has been incredible. In less than a year and a half the stock has deservedly tripled in price . With the new units sales growth should continue up as almost all current rigs are booked. The in the field performance by the rigs and the execution within the company has been phenomenal.
More specific on costs--Now we’ll be investing $200 million to $250 million over this three to four year period that will address our common rails initiative.
Most interesting comment-.
Josh Levin - Citi Research
Okay. And then, the follow-up question to that is, why should shareholders wait three to four years for you to build out the infrastructure when an acquirer could buy the bank and they have the infrastructure already, they could put you on their platform and they could integrate you with considerably shorter time of three to four years?
My general take on the conference call. Gary Crosby is asking for a 4 year window to turn the company around. The new initiative called common rails .
As a long term shareholder we have been promised and waited for multiple years from the previous CEO for the multiple bank purchases to positively play out. He is finally replaced after years of underperformance by another insider who says he needs another 4 years to cash in on the purchases through a technology initiative. Josh Levin is correct shareholders deserve better. Put FNFG up for sale and lets see what a buyer is willing to pay to unlock the value in which management has overpromised and failed to deliver.