I don't know if this is good or bad.
7 replies (most recent on top)
Sycamore or anyone for that matter will be stupid to buy Walgreens. With massive debt and lease obligations the risk is too much.
How in the world would sycamore make money on this deal? Selling off assets doesn’t remotely cover the debt.
chop chop chop, hehe
Good for Tim and friends. Really bad for employees and shareholders.
Any buyer will have to break up and sell the company in parts. That is the only way they can make money.
I wonder if the new owners will keep the company whole or sell it off in parts.
Once a seller, always a seller. Tim and Neal will give away our company cheap.