Thread regarding Belk layoffs

Money on the table, or please leave.

Office supplies retailer Staples on Monday said it made an offer to buy Office Depot owner ODP Corp for $2.1 billion in cash, nearly five years after its second takeover effort was rejected.

But you guyz here keep saying Syc n Belk & co are broke!

Not sure where the money is coming from?
Off the worker's backs?
But this time it's cash not some convoluted bought on credit and debt deal.

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| 1181 views | | 3 replies (last January 12, 2021) | Reply
Post ID: @OP+18SNnptS

3 replies (most recent on top)

"But you guyz here keep saying Syc n Belk & co are broke!

Not sure where the money is coming from?
Off the worker's backs?
But this time it's cash not some convoluted bought on credit and debt deal."

All that time spent playing video games is really paying off. Make them parents, proud!

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Post ID: @qjp+18SNnptS

You saying “Syc and Belk” like they are partners or one company. Sycamore OWNS Belk, sets terms and conditions when and how much Belk pays to them. Business great or not, Sycamore get what they expect or more and Belk has to figure out how to make it on whatever left ( if anything actually left!)

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Post ID: @ouz+18SNnptS

What does that have to do with Belk?

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Post ID: @xpi+18SNnptS

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