How can this bumbling financially incmpetent mngt team still be drawing their hefty unearned salaries when the company is losing ~ twice its sales?
When any company is losing ~ twice its sales its time to shut down all operations and close the doors.
It has me wondering if they really wanted the deal to go forward at all for some reason.
They may be looking at it as if RKUS refuses to take less now that the BRCD shares portion of the deal are now worth considerably less they will collect the break up fee from RKUS.
Normally the buyer does everything possible to prevent their share price from plummeting just before the closing and causing the deal to be called off.
A 5% sales shortfall is not all that significant and you would think they could have taken steps to offset the shortfall at this critical time if they wanted to.
Pulling forward sales or stuffing the channel is not illegal and is often done.
Its too bad that decided not to even try to prevent the deal from now being put in jeopardy.
In any stock deal the buyers stock price plummeting after the deal was agreed to is very often a deal killer.
BRCD hasn't warned in about 2 years and picked a terrible time just before the scheduled closing to warn and have their share price plummet putting the deal in jeopardy of being called off..
Thats the risk you always take when you do a stock deal.The shareholders of the company being acquired are always joined at the hip to the buyer's stock price.
You'd think the morons at Brcd would do everything possible to prevent the deal from being torpedoed before the closing.
Stuff the channel or pull forward sales to make up for the 5% sales shortfall.
If I was a RKUS shareholder I'd be calling for the deal to be called off now.
Or else just be happy taking less.
The deal can always be called off by RKUS.
Maybe if she spent more time focused on the failing YAHOO core business and less time making rapid fire babies she would have at least earned part of her lofty compensation package.
If she was the lowest paid ceo in the S&P 500 it would still be much too excessive for what she has delivered.
The only thing worse than somebody being paid far more than what they are worth is when they turn around and do absolutely nothing at all to earn any salary at all.
Life is a bowl of cherries for her when you can be the highest paid ceo in the S&P 500 for delivering nothing but babies.
She's not worth a tiny fraction of what she's getting paid since the only thing she has delivered during her tenure is baby after baby after baby.
Only when the country has completely eliminated these numerous and undesirable misfits,foreign criminals,traitors and freaks of nature will the USA will once again be a great country again.
The Trump administration is going to have its work cut out for them to rid the country of so many undesirable un-Americans present in the country.- .
Including the massive number of illegal foreign hispanic criminals,despicable and treasonous socialist/communists,fanatical muslims that want to kill us because we reject their fanatical religion and last but by no means least the homosexual deviant freaks of nature including the whole LBGT deviant community.
Then perhaps also pursue his treasonous supporters putting them on trial and quickly hanging them as well for being his socialist/communist treasonous conspirators.
Why shouldn't he be put on trial and quickly hung for treason as socialist/communist traitor?
The lowly peon underclass masses were mean't to be spoken to and not heard from.
In the presence of their clear affluent superiors they should only ever speak two words when addressed by their superiors.
That being either "Yes Sir or No Sir".