Just spitballing here, trying to figure out what is going on in the big kids playground.
Golden came in with the Ann inc. merger in 2015
It was after the 2 for 1 split so did not gain from that.
Company in talks to sell Lane Bryant/Catherine's
PR was late for ER all the while Bloomberg reporting deal in works for Lane Bryant and Catherine's
PR comes out late Monday evening for earnings release following Thursday.
Golden exchanges/sells shares Wednesday/Thursday/Friday has to be filed/reported max 2 days?
Golden which buys and sells companies maybe made a deal to purchase Lane Bryant/Catherine's?
Did company take his shares in deal to retire them and thus kill 2 birds with one stone, reduces OS by 9%, making deal easier, more attractive to Golden?
I am dying to know, felt deal was done with Lane Bryant/Catherine's as you all know when PR for earnings delayed for a week then put out late Monday evening. Last week lawyers at work getting their part deal done, contracts, etc.
We shall see, makes the mind wander, only thing I can think of at the moment still going to dig, see that Ann Inc merger and what/how was prior how Golden got a piece of Ann Inc. follow the bread crumbs.
Peace out
