Bullboard - Stock Discussion Forum Interfor Corp T.IFP

Alternate Symbol(s): IFSPF

Forest Products Lumber & Wood Production

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir... see more

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Interfor Corp > What happens to profits from EACOM assets prior to closing?

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Post by Tothemoon2 on Jan 06, 2022 12:03pm

What happens to profits from EACOM assets prior to closing?

Do they stay on the balance sheet or do they get taken by the current owner?

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Comment by sunshine7 on Jan 06, 2022 2:52pm

Press release says... The purchase price is $490 million, including C$120 million of net working capital Since cash is part of working capital so I think anything in excess they keep.

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Comment by Tothemoon2 on Jan 07, 2022 1:15pm

Thanks. Just closed out my position. I still believe this is a great value here but will hope for a pullback to get back in. Although lumber prices are great right now I wonder what rising US interest rates will do to housing. GLTA and I hope to be back in soon.

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Interfor Corp