Tell DLTR and private equity to suck off. Tell the majority they do not have the right to take away the rights of the minority to take their share shares and give them the price they feel is right. Don't be bullies. If they want to buy the company get 90% in the open markets like the rest of us mortals then buy the rest at 100% markup.
I live across the street where the State of California spent $50 million to build a gym for students. The government basically forced investors to sell their campuses to a non-profit (aka not a taxpayer) to their insider buddies.
Free college at whos expense. We had cheap for-profit schools and they destroyed them so they can get the Koch brothers to pay for their free public colleges at $100,000 a degree.
Yes and he won't even show his transcripts and all he wants to do is hang out with Kathleen Harris if you know what I mean.
Just reading the vote results 71% voted and those that did vote for 99% for takeover by ATT. The real question why are shareholder such zombies. Over the last 5 years revenue per share growth at DTV is like 300% and ATT like 10%. If the deal cancels, the price will rise and double within 3 years. Basically going to ATT is going to a company that should be spun off as soon as it is stolen by the large shareholders.
I got a good stock for you Dell. Dell and all private equity firms are geeks and should be in jail for using federal reserve rates to steal companies. To sell to a private equity firm is no different than appeasing geeks.
The stock has not had a losing year this century! If you buy $1,000 of worth of stock and make your own dividends, the stock can go to zero and you still have a 10 bagger.
Warren is moirally corrupt too, just think of all the seniors that were forced on the streets since they lose their dividends whenever this pompous clown decided to steal a company from the small shareholders that do not want to sell.
Furthermore this deal was done in December, most will lose the $3 on the taxes they have to pay in 4 months nice move management.
One of the reasons why AZO has never been raided and robbed, with the executives and insiders taking it all. Load up with debt such that your book value is zero and these bozos won't have access to the discount window. Stockman in his book wrote about the debt at Autonation. No Mr. Stockman every company must load up to avoid the takeovers. Lead paint CEOs will just take everything like it is theirs. These clowns need to read Ayn Rand, the large shareholders have no rights to vote for the minority. Those that want to sell the stores can either be divided up, or one shareholder with one vote should block these corrupt deals.
I would like to know exactly if management got to keep their jobs and what benefits they receive from this act of terrorism.
You are so correct. Look at the joke of a price. This stock can easily trade double revenues per share. That is $140. Such rape and abuse.
You will make far more than that in 3 years on the market. Company is easily worth $150 to $200 per share. Capitalism is done in America with all this cronie deals. What kind of deal did management get? did they lost their jobs? If PETM is valued at $77.93, then why did they want to buy it at $83? The answer is simple these private equity clowns than do nothing know it is worth more, that is the only reason to buy. Now the poor shareholder gets stuck with a short term capital gain and loses their dividend to feed their children. Robbery is robbery. Ayn Rand says the small shareholder should be protected from the majority.
COH is worth $200 a share. Private equity has been running this stock in the ground for some time. If you don't like COH sell it, leave it a USA company. What value is DELL, HNZ if they are taken over by slow fat bloat. If it is so worthless, then why do they want to buy it? The reality is they want to buy it becasue it is 75-90% undervalued. That is the only reason to buy something.