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Bullboard - Stock Discussion Forum Edelman Financial Group Inc EF

NDAQ:EF - Post Discussion

Edelman Financial Group Inc > News Today ..
View:
Post by studio477 on May 11, 2009 11:30am

News Today ..

soft news but news nonetheless
if nothing else it does prove out the
thinking that EF is actively trying to
find the right suitors to sell the company to ...

might explain the quiet accumulation of late
as a buyout could come when we all least expect it

today's news release link
Comment by buddy135 on May 19, 2009 5:38pm
Another soft news announcement... Sale of Windrise project. I understand the company needs to sell some assets to fund expenses while pursuing a sale of the Dokie 1 assets, but, the latest fire sale of assets is troubling. Auction method of disposing of these assets is fetching bottom of the barrel prices... not liking this at all. However, silver lining is maybe they now have enough cash to fund ...more  
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