SI
SI
discoversearch

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.
Non-Tech : KKRO Koo Koo Roo

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fred Ayres who wrote ()10/15/1998 1:55:00 PM
From: Gordon Gekko  Read Replies (1) of 479
 
Who is buying?

The combined KKRO/FRI company is buying shares to keep their NASDAQ listing in good standing. The merger company (Family Restaurants) is still a dog. I will be voting "NO" on the merger due to their enormous debt and continued losses.

The buying may also be attributed to the rumor of KKRO's first profitable quarter since the company started. Great concept, but poor management.

There is a possibility of another suitor if the merger is not approved.

GG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext