Thread regarding Thomson Reuters layoffs

BS strategy

BS strategy should be clear by now:

  1. Cut costs to meet debt covenants

  2. Sell best assets

  3. Exit in 3-5 yrs, don't discount as little as 2 yrs

Selling the individual parts makes more money than the whole. They'll walk away from the flaming wrecked remnants with a nice profit. The only reason why they would agree to 30-yr deal for news was to get the deal across the line and because they knew they wouldn't be around in a few yrs anyway!

Whoever thinks there's a future for the sad leftovers have got to be kidding.

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| 2192 views | | 7 replies (last October 22, 2018) | Reply
Post ID: @OP+VHzewP4

7 replies (most recent on top)

the sooner the better for them!

this is not a long term play

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Post ID: @4ttf+VHzewP4

I agree with all these posts. It seems pretty clear that BS will make the initial $650m savings but at the same time look to sell the assets - the sum of the parts being greater than the whole. My guess is that they already have some potential buyers lined up. Once outsourced, off-shored, virtualised and generally streamlined, the component products will be easy to sell with ready buyers in the market. The only question is over what time frame?

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Post ID: @2hkm+VHzewP4

@mbi He won't last long to eat his own words

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Post ID: @hwc+VHzewP4

Once the goose that lays the golden eggs has been plucked, the vulture funds will be able to finish the remains.

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Post ID: @lht+VHzewP4

@pyu Get real. DC told FT they won't sell FXall & Tradeweb. I strongly suspect that he'll eat his words soon

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Post ID: @mbi+VHzewP4

Is that you again Mr Craig?

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Post ID: @pyu+VHzewP4

Yes this is all correct. It has been stated before though

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Post ID: @mwa+VHzewP4

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