OTCPK:HBAYF - Post by User
Post by
nolipstickon Nov 12, 2019 10:00am
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Post# 30339344
This will remain as a status quo standoff......
This will remain as a status quo standoff......
until mid 2020 or even beyond.
There is no one in their right mind who will committ 3-4 billion for this puppy or lender who would finance this deal. Maybe Baker can squeeze out a dollar or two to sweeten but not enough to get to $18 range, That's what happens when a company is worth more dead than alive.
Only hope is that minority shareholders will oust Baker....sell or dividend out Saks.