Dun & Bradstreet files to go public again.
16 replies (most recent on top)
Why would we want to go back ??? Raises and bonuses non existent. Company is making a bid to go public again. Don't think they will get $75 a share this time. Why are you staying ? Pensions aren't that great either.
Seriously?? Maybe they would want to reinvest in bringing back knowledgeable people that they laid off.
Lots of luck people who are still there. A once proud company is near ruins!
Not renewing contract in Trade. I guess we have enough.
Is it time for college so soon?
The reason they want to go public again is the raise capital in order to execute its exit strategy.
Yes very sad indeed. Another well branded company that stated to lose it's mojo in the new millenium taken advantage of private equity wolves. The only ones left are ones that have limited experience and /or knowledge of how it works. Writing was on the wall whe it went up for sale. Recently acquiisitions were suppose to make it look attractive to a buyer. Las t resort, public purchase offering. You are thick as a stump if you think otherwise. Remember, bankrupcy does not protect pensions
This whole thing seems odd. If they were looking to sell, that’s one thing. But they must think the financials are strong enough to go public. It would be a huge miracle for the PE gang to have turned it around so fast, especially after wasting some more cash on Lattice.
All I know is that the leaders that are left there are pricks and id–ts, so I’d love to see them get their karma, but I just am not sure. Seems like they may prosper if they go public.
Very sad. Going the same way as toys are us. Within one year struggling to survive
I think investors finally figured it out that they cant make money on the deal. so they are cutting their losses. the new investors have turned this company from a cash cow to cash burn. they need to put more money to fix the systems and data on top of paying huge interest on debt. I think its going downhill.
Quite an uptick of very positive, 5 star reviews on Glassdoor lately... Who is getting paid to fake those?
245 views on this post with only 3 previous replies. Really does show that employees have no independent thoughts or opinions on this. It shows they really did get rid of the strong employees.
No the buyers will reduce....Pensions, people and places. While open to IPO, majority shareholder will result in heavy reductions. Heavy debt will lead to more reductions. Look to other companies that have gone down this path. Basic economics. Very sad.
Looks like the good times will return!
And let the next round of layoffs begin ! Who would want to invest ?