What D&G didWhat they did is nothing unusual except for poor communication about their transaction. All these smaller companies were there because of the great demand for them and they saw the need to join some of the best ones together to grow into a much larger company. But they had other ideas for other companies such as CXV and LND. If they were going to be only a one trick pony then they would have stayed at PHM but this was not the case.
So they looked for the best management team they could find and found that the sleep guys were the best and were the greatest fit to take over the whole operation and grow it. I am sure they also felt that the sleep guys would do an even better job than what they could ever do. So they completed the merger with them and put the sleep guys in place to run the show.
So since then now lets think about it.... No more promotional hype! An LOI announced only when the deal is final and signed. I like that. No more talk about dividends! Companies in growth phase should only buy back stock with extra cash to increase value as dividends are actually an expense. I like that.
Hoyt speaks that he wants the numbers to do the talking from now on!! I LIKE THAT !!!! N3