Anthony @ Equity Investigations, Dear Anthony, Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: scion who wrote (112678)	3/30/2011 1:13:48 PM
From: scion	Read Replies (1) of 122087

Last week, Sterling Global Holdings sent a similar letter to Eastman Kodak Co. offering to buy the Rochester, N.Y., company for about $1.3 billion, or $4.81 per share. After the offer was made public, Kodak's shares rose to $3.60 from about $3.25 before falling to $3.40 on Tuesday. In an interview with the Rochester Democrat and Chronicle, Weintraub said his company buys distressed firms. "I have been buying distressed companies for the past 15 years," Weintraub told the paper. "Our dealings have been in the hotel and casino area as well as buying assets of large bankrupt companies such as GM and Chrysler," he said. "We have bought some of their dormant properties and land left in the bankrupt entities. Our company looks for companies that have turnaround potential." Kodak has also said it had never heard of Sterling Global until it got a letter. Kodak confirmed that Sterling Global is not a shareholder. Staff writer Scott Nishimura contributed to this report. Andrea Ahles, 817-390-7631 star-telegram.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next