Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Per Dayton Daily News today (8/25)EBSC reported the anticipated 2Q loss of $1.3 mil. Management refuses to consider selling the company and claims they can cut expenses and be profitable by Christmas. Snyder (biggest shareholder and a source for the recent Barrons article)would like to see a takeover but thinks the price will be a lot better if EBSC is profitable first. Snyder plans to meet with D3 Family Fund LP and decide whether to join their challenge.

I will keep posting updates as this takeover fight develops if readers of this board are interested. Anyone there?
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.