Post by
ddun on Jun 07, 2012 10:59am
Next Bus
Does anyone know what the issues are with the Franchisee for Next Bus? It seems like the deal stalled because of some glitches to do with Intellectual Property Rights or other dispute which made the transaction risky for the purchaser? Also, 3 million shares changed hands on Thursday. Who is buying and who is selling?
Comment by
ThomasTank on Jun 25, 2012 1:02pm
Does the phrase "gross management incompetence" come to mind? Wouldn't smart managers resolve issues BEFORE putting a company like Nextbus up for sale. Stock is on a downward slide.