Friday, September 02, 2022 12:30:56 PM
The former two, because they were going bankrupt anyway - because they are obviously tiny insignificant markets...and ChiTown because it is a "dream" site that is too expensive to operate.....and actually belongs at a site like Disney.
There's a reason why FUNN execs were able to acquire "for a song and dance"....but really are bad reasons for acquiring and trying to turn money losing entities to positive net profitability.
Quick question. How many money losing entities has FUNN acquired and actually turned into positive net profitability?
None.
Go chew on dat fer a while.....
Everything posted is MY OPINION! I am making NO buy or sell recommendations here! DO YOUR OWN DUE DILIGENCE!
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