RE:RE:Book value is -3.38 with goodwillBain and others tendered their proportionate shares to the Companies recent offer to buy back $300 million in shares from public shareholders. BRP does not even have $300 million in cash on their books. Last year Bain and the other major shareholders tendered a block of their shares to the public in a secondary offering. BRP received no money for this. So Bain et al are selling their shares to the public or back to the company. Since the company has more debt than assets this adds to their deficit making the company worth less.