Blue Bird Sale Again
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09-27-2014, 02:53
(This post was last modified: 09-27-2014 03:10 by travelite.)
Post: #3
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RE: Blue Bird Sale Again
Hennessy is a blank check company. It was created by a few and funded by a group of investors and it went public in a late 2013 IPO even though they own nothing and produce nothing. Their sole purpose was to find a company to merge with. Once the merger finalizes, the publicly traded Hennessy goes away and in its place is a publicly traded Blue Bird. It's an alternative to private equity. In this case, a group of private investors take a privately held company public overnight! Do any of you feel like investing in Blue Bird? I'm pretty sure the Hennessy general partners are long gone with their 20% fees...
david brady, '02 Wanderlodge LXi 'Smokey' (Sold), '04 Prevost H3 Vantare 'SpongeBob' "I don't like being wrong, but I really hate being right" |
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Messages In This Thread |
Blue Bird Sale Again - timetravelers - 09-26-2014, 15:05
RE: Blue Bird Sale Again - al perna - 09-26-2014, 21:44
RE: Blue Bird Sale Again - GregOConnor - 09-27-2014, 12:23
RE: Blue Bird Sale Again - davidbrady - 09-27-2014 02:53
RE: Blue Bird Sale Again - davidbrady - 09-27-2014, 12:51
RE: Blue Bird Sale Again - dentmac - 09-27-2014, 18:25
RE: Blue Bird Sale Again - al perna - 09-27-2014, 14:40
RE: Blue Bird Sale Again - davidbrady - 09-27-2014, 19:17
RE: Blue Bird Sale Again - GregOConnor - 09-28-2014, 21:16
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