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Old 06-16-2007, 10:01 AM
SonnyJay SonnyJay is offline
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Join Date: Sep 2004
Location: I-Banker Hell, NYC
Posts: 569
Default Re: Free money from BODOG

I don't mean to be critical, but do you have any stronger reasoning than
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Will they sell them together? probably yes. Why else would anyone buy Jag and its $100 mil yearly losses if it wasnt part of LR deal.

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This would hardly be the first time that a buyer, either financial or strategic, bought a company in the red without a profitable division thrown in. Any reason that you think that it is particularly true in this case?


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There is the distinct possibility that Ford just closes them for all the red ink that they spew.

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Agree with bot here, there is almost no chance this happens, and certainly not by the end of 2007. The only way that they'd close it and incur the costs of doing so is if they saw absolutely no signs of a turnaround and absolutely no buyers, and that doesn't seem to be the case here.
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