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PremierStocks

11/08/07 5:00 PM

#90090 RE: SFGiants #90088

Not true neccessarily.
If its an outright cash deal, the owners of wisebuys would have to pay tax this year on it. If its done with shares, they can break them out over several years if they choose to. it the only sane way to do it.

Xeller8

11/08/07 5:03 PM

#90092 RE: SFGiants #90088

Yes they did...

From the 10/26 PR:
"To this end, we are pleased to announce that WiseBuys has generated cash flows internally from the sale of non-core assets that would be sufficient to acquire Hacketts."

big_pop

11/08/07 9:47 PM

#90242 RE: SFGiants #90088

ease up on the fear posts. guy knows what he is doing.