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 : Barnes & Noble (BKS) -- Ignore unavailable to you. Want to Upgrade?


To: BobKuz who wrote (1461)6/2/1999 9:40:00 AM
From: Wally Mastroly  Respond to of 1691
 
BKS and Ingram Book terminate acquisition - 2 articles:

biz.yahoo.com

cbs.marketwatch.com



To: BobKuz who wrote (1461)6/2/1999 12:54:00 PM
From: Crystal ball  Read Replies (1) | Respond to of 1691
 
BNBN and BKS (keepin money) terminated acquistion is good.
The buyer pays for the target (Ingram), meaning usually the buyer loses cash and the target gets cash in flow,
result: buyer stock down, targeted company stock up,
HERE: BKS keeps its cash, IT HAS CASH!!!!!! should help stock price up, same for its child "in the family" BNBN.
I am,
Truly yours,
-Crystal ball
P.S. Of course today is a bad day overall