Talks about BBB selling off WM have been going around. I saw an article today confirming that they are indeed looking to sell WM. I saw another post from a corporate associate confirming that the deal could be closed very soon, even on or before the next earnings call. Thoughts?
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Yes, my GM said the same last year.
BB&B was shopping for buyers for WM since last summer- this was being reported in trade and retail journals at the time. I remember asking my SM about when I was working there during time. He seemed shocked to hear about it. I was surprised to find out that store managers and supervisors don't read financial and trade journals and then seem incredulous that one of their direct reports actually does in depth reading on such matters. He then p–pooed what I was telling him.
Interesting to hear that they are pushing forward on the matter almost a year later. Wonder if a private equity firm will be buying them. It'll be interesting to see what kind of changes will be made to the brand.