You heard it here first. What will end up happening is large portions of the business will be sold at enough of a discount to attract buyers that can absorb the risk/leverage (debt), with the hope of squeezing out enough margin through synergies to make them accretive to their existing operations, i.e. lots of Windstream employees lose their jobs. The remaining unsold portions of the company go to a private equity firm at an even bigger discount where they can synergize first (more job losses), then sell off the pieces for a profit.
4 replies (most recent on top)
Summer of 2011 my share of PAE bottomed out at .79/share. Shortly after that they we were acquired by WIN. I would expect mush of the same in the coming months. Shares will fall below a $1/share and become delisted in the next 90 days.
Wait until they can’t pay vendors and licensing stops working.
That’s bad news for customers
I'd buy that for a dollar !
keep the change
I'd buy that for a dollar !