Just as the title states, what’s the likelihood and how bad does Eddie want Outlet? Or is it more of a meh endeavor?
2 replies (most recent on top)
Eddie already owns 60% of outlet. He replaced the Board members who opposed the deal.
I dunno, there is a relatively short window to shop the chain (think it’s Aug 24th). Nothing says he can’t outbid anyone that bids on it. My guess is he knows it’s worth more than his current offer but it comes down to how much he gets offered if anything.
I think it’s more if it fails to sell the shareholders won’t be able to come after him claiming it was worth more. He can at least say he tried.