Interesting timing considering BBBY merger / acquisition announcement coming out later today or tomorrow.
(media.greatawakening.win)
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There is nothing of value aside from the name and brand recognition or the company would have been profitable.
Do what you want with your money, but this is completely silly.
Oh so millions and millions of dollars worth of infrastructure (buildings, leases, transportation fleet and more is worth nothing?
Another company buying all of that for pennies on the dollar AND enjoying 5-7 years of no taxes isn't worth it?
You're dumb af. Go suck mud.
Yes, they are worth NOTHING.
How much property was OWNED and how much was LEASED?
I remember reading back before the BK that they leased all or most of their stores.
Commercial real estate leases, at higher rates than are available today, or worth NOTHING, or very close to it.
Car and truck leases are worth NOTHING.
These idiots were trying to stay in business. It is a sure thing they sold off everything they could, and left the business with a bunch of paper leases -- worth zilch.
You really should not show off how stupid you are by saying such things.
And in a public forum, no less!
LOL.
I'll enjoy coming back to this comment soon in another tax bracket.
High Five!
Shills are everywhere. Just another bottom feeder.
It’s worth nothing if you OWE more than it’s worth.
I think the dumb ones are the ones who lost money on this obvious scam. You gonna apologize when nothing happens?
Debt doesn't transfer in this type of event. NOL's worth 5-7 years of that mean paying no taxes do however :-)
You seem to be the dumb one Sir.
Someone else posted a much more thorough breakdown of why you’re wrong.
Do what you want with your money. Are you going to admit you’re wrong when nothing happens?
Nothing of value? I'm not an expert on this, but even I can understand the basic concept that the NOLs are what the value is in this play; just like how Buffett was able to form Berkshire Hathaway.