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Old 08-29-2014, 03:34 PM   #350
ITD
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Quote:
Originally Posted by codeman671 View Post
If the reported buyout is $1.5 billion dollars do you think the $50mil is going to sink them? I think not.

Are there shareholders that are not part of the family?

Did they actually lose $50mil in expenses or did they miss out on $50mil worth of business?
Let's do a little math........ it is said that MB did about $3 billion in sales per year, that's $3,000,000,000.00. Let's assume that they do the same sales every week all year long to make the math easy, so $3 billion divided by 52 is about $57 million per week. Market basket has been shut down for about six weeks, but let's call it five weeks. That's about $288 million lost revenues. Ouch .
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