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cuznbruce1 1 post  |  Last Activity: Dec 6, 2014 9:33 AM Member since: Aug 16, 1998
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    So SGGH is now the real deal

    by cuznbruce1 Nov 28, 2014 1:35 AM
    cuznbruce1 cuznbruce1 Dec 6, 2014 9:33 AM Flag

    Sam is backstopping the deal at $7.50 as a sign of confidence. Also, the Private buyer is obviously a friend of management and is privvy to management insights. Subsumes to have put together a stupendous private placement too and believe Institution will plop down $300 million + without crunching the numbers on this acquisition candidate and running cash flow projections for the next 5 years. If they didn't do that they would not be allowed to make an investment at all.
    Sam, Zell is King and he has the Experience and connections to make this Company a home run.
    I think the stock is a steal at these levels but I'm sure you would disagree.
    Happy Investing Cuz

7.45-0.09(-1.19%)Jan 28 3:57 PMEST

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