Do you think we'll be declaring bankruptcy within next 24 months?
10 replies (most recent on top)
Already sold off, and in the process of being broken up. Bits and pieces being sold off, people being restructured out of jobs...
Update that resume.
Doubt it!
i have the same notion with 89281.
Looks like the family is taking money out of the business by MLS’s tactics of artificially increasing the value of the privately held stock and paying dividends (to the family) based on that pumped up number. Notice the header of this board shows the under Revenue information: Estimated 2008 revenue is 2.52 billion (USD). Estimated 2008 workforce: 8000. Located in IL. 2008 REALLY! What is it today? What’s that smell, books cooking? Never forget that we’re just pawns.
We don't have investors. We are privately held. We are also cash flow positive. There is no way we will declare bankruptcy.
We have solid cash flow, no bankruptcy risk.
We have investors? As a privately held firm wouldn't that just be the Follett Family? If that's the case, it's more likely we should ask "Will Follett be sold off and picked apart ala Pretty Woman style in the next 24 months?"
We would need long term debt to file chapter 11. Our investors could decide to stop giving us money though.
No, it will be sooner.
NO