Replies to post #23666 on Thresher Industries, Inc. (THRR)

[pblue]

I didn't say THRR had anything to breakup and sell off. I was generalizing. The buyer could close the company. There are companies around where I live that were bought and then closed. Because the company that bought them produced the same thing in other places or had the ability to produce the same thing elsewhere.

Posted by: kennypooh Member Level Date: Thursday, April 08, 2010 1:10:24 PM
In reply to: pblue who wrote msg# 23659 Post # of 23667

Makes sense....pay $100 million for this company to break it up and sell off a few thousand (probably less than $10,000) in assets...LOL

Quote:Not only DD to make sure they have a job, but to make sure the buyer plans on continuing operations. Some companies buy others just to break up and sell off or close the business completely.