To: Westlander
Call me slow, but why would Comp USA be sold, then closed? Market share?
11 posted on
12/08/2007 9:39:37 PM PST by
umgud
(the profound is only so to those that it is)
To: umgud
I think they sold it to a “Jack and the Beanstalk” kind of guy.
16 posted on
12/08/2007 10:36:43 PM PST by
Krankor
(kROGER)
To: umgud
They will need a team in place to liquidate as many assets as possible before pulling the plug. Mostly real estate holdings I would presume.
To: umgud
but why would Comp USA be sold, then closed? Asset value exceeds purchase price and future profits.
24 posted on
12/09/2007 4:38:29 AM PST by
Malsua
To: umgud
why would Comp USA be sold, then closed? It takes a certain skill set (and mind set) to profitably liquidate a company.
28 posted on
12/09/2007 11:29:52 AM PST by
PAR35
To: umgud
Call me slow, but why would Comp USA be sold, then closed? Market share?The real estate occupied by the stores is probably the asset of interest. I expect a similar demise for Sears in the future.
31 posted on
12/09/2007 12:11:35 PM PST by
Myrddin
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