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Winmark - >>> 3 Companies I Hope Don't Get Acquired in 2022


BusinessWire

By Rachel Warren, Jason Hall, and Toby Bordelon

Feb 8, 2022


https://www.fool.com/investing/2022/02/08/3-companies-i-hope-dont-get-acquired-in-2022/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article


Each still presents a viable investment opportunity on its own merits.

2021 was a record year for mergers and acquisitions activity, and this year may be another. In this segment of Backstage Pass, recorded on Jan. 10, Fool contributors Jason Hall, Rachel Warren, and Toby Bordelon, along with Fool Canada analyst Jim Gillies, discuss the companies they hope won't get snatched up in 2022.


Jim Gillies: Company is Winmark (WINA). I've owned it since 2009. It's one of my all-time favorite companies.

Hall: Yeah, I own it too.

Gillies: It is a parent company for the franchising of Play It Again Sports, Once Upon a Child, Style Encore, couple of other concepts.

Hall: Used stuff.

Gillies: Used stuff. I love this company. I've gotten my entire cost basis back and then some just from the special dividends this company has paid, forget about regular dividends. I absolutely think it's a fantastic company. They have recently replaced one of their long-term directors with a guy who is an operating partner for a private equity group.

Hall: There you go, first shot across the bow.

Gillies: I'm like, OK -- usually, the types of companies that this PE group generally does is, they work on distressed workouts and those types of things, not really going for the full operating companies like Winmark. So I'm holding out hope, but please, please, Winmark, do not cause me to have a big tax bill.

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