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spec machine

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spec machine

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Wednesday, 04/13/2022 12:31:49 PM

Wednesday, April 13, 2022 12:31:49 PM

Post# of 322
ALJJ closes deal on sale of Phoenix Color -

Phoenix sale - about $136M
Faneuil sale (certain parts) - $142M

$278M added to ALJJ cash, less ALL outstanding LT debt (just under $100M), leaves ALJJ with
$178M cash
remaining verticals of Faneuil including utilities, non-health benefits, and Vistio - together these generated $170M in revenue for 2021

So, with 42M OS, that's over $4 in CASH per share on the books - current SP is $2.60

https://aljregionalholdings.com/2022/04/13/alj-regional-holdings-inc-completes-sale-of-phoenix-color-corp/

https://aljregionalholdings.com/2022/04/04/alj-regional-holdings-inc-completes-sale-of-tolling-and-transportation-and-health-benefit-exchange-verticals-of-faneuil-inc/

spec

- Foglifter -

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