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Strategies & Market Trends : Value Investing
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To: Frank Sully who wrote (68156)7/23/2021 2:10:43 AM
From: Frank Sully  Read Replies (1) of 78958
 
Re: BWEL (More)

An attendee at last year’s Annual Meeting said that management said the following about the Auscott sale.

<<< Proceeds from the sale will likely go towards eliminating all of Boswell's debt and then what remains could be given back as a special dividend to shareholders. >>>

FWIW, as of June 30, 2020, BWEL had debt of about $200 million.

Sully
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