Quote:
Originally Posted by Fbone
If I interpreted the translation correctly, there may have been an interested party last year but it fell through. It's usu cheaper to purchase during bankruptcy so the prospective suitor may have realized it wasnt an opportune moment yet. Why take on 5m euro debt if you can have the company for almost nothing.
|
Exactly. Timing is everything. They waited too long.
Easy for me to say in hindsight, of course.