Quote:
Originally Posted by PR_Tom
Why too late? Because when a company is going bust they wont agree to a lower offer? This IMHO is the perfect time to buy them.. while buzz is generated. Imagine being the saviour of the brand.. huge volume sales. Oh well.
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I believe they filed for protection and have pending suits against them for laying off employees without the Fed's mandatory 60 day notice.
which probably prohibits them from selling their company right now.