InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,168.00
(
0.52%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
82.28
(
0.00%
)
Bitcoin
66,549.43
(
0.54%
)
Post# of 37346
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

56Chevy

Send PM Follow Ignore
Followers 129
Posts 5087
Boards Moderated 1
Alias Born 04/10/2008

56Chevy

Member Level

Re: chemist72 post# 35996

Monday, 07/15/2019 4:26:08 PM

Monday, July 15, 2019 4:26:08 PM

Post# of 37346
That was then..this is now. The judge can't force Holdco to keep any if its' stores open just to keep employees working.

More detail is needed in this particular store sale. Such as, who will be the purchaser and what do they plan to do with the location. Keep in mind ESL may be selling to an entity it can then turn around and re-negotiate a much better lease agreement with thereby keeping the store open.

Suffice it to say ESL has options that aren't readily apparent on the surface. There is a method to his madness.


In faith there is enough light for those who want to believe.. and enough shadows to blind those who don't. ~ Blaise Pascal


Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up