Replies to post #4624 on RS Legacy Corp. (fka RSHCQ)

[uhlmant]

lets be real...acquisition VERY unlikely.

-RSH has a lot of DEBT
-RSH has too many poorly performing stores
-RSH products are mostly private label
-RSH shareholder equity is NEGATIVE

A buyer would have to take on the debt and still restructure.

BK will clean up the balance sheet significantly and allow RSH to break leases for the poorly performing stores. Outside of BK alot of these options aren't available or cost $$$.

If i really wanted to by RSH...I'd wait until during or after BK.