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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Post by binzer55on Jul 18, 2011 2:07pm
337 Views
Post# 18843276

Closing of the Trader sale

Closing of the Trader saleThe sale of Trader is most likely tied to the success of the financing.
If APAX finds out that the market doesn't want anything to do with Trader, the deal could easily fall through.
YLO's management has staked the survival of the company on this transaction. If it fails, the dividend will be immediately eliminated, not just trimmed, but ELIMINATED.
And the share price could drop below a buck.

I hope, for everyone's sake, that the deal gets done.
Bullboard Posts