Quote:
Originally Posted by secondcurve
If there are in fact 10 bidders for MB, my guess is the value of the franchise has been barely dinged. No vultures in this scenario other than Arthur S.
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What I know about the whole situation is what I've read in a Boston Globe blog. My understanding is that the lost business has driven the value down and that is what has motivated possible buyers to want in. Because nobody is "available for comment" there is a lot of rumor and speculation around the whole story. The buzzard analogy was only because it has taken some time for interested buyers to belly up. The experts who are writing about this are not calling it a ding, more of a big dent. That might be a guess too, but it does make sense to me. Either way, what it most notable to me is how much has not been said by the BOD to the public, it fuels speculation. and rumor.