Obviously
a liquidation sale would yield less for inventory than would an orderly sale to regular customers.
Not exact matches
And they
've faced more competition from
liquidation sales amid more closures of clothing stores this year.
Liquidation sales began at Toys «R» Us locations across the country in March, and the company
has shut down its e-commerce site.
Bargain hunters hoping to find a deal at the Toys «R» Us or Babies «R» Us
liquidation sales are going to
have to do so in person.
While people are still coming to grips with the fact that Toys «R» Us will be nothing but a memory before long, bargain hunters
have been scouring for information on when the
liquidation sales will begin.
Hensarling and other Dodd - Frank critics
have called that ability — known as «orderly
liquidation authority» — a bailout, even though any taxpayer money used is supposed to be recouped from the
sale of the company's assets or an assessment on the financial industry.
But the likely
liquidation will
have a bigger impact on smaller toy makers, who rely more on the chain for
sales.
One way to do that
would be to tax dividends received by shareholders (the beneficial owners of a corporation) as income and to tax
liquidation or redemption of stock proceeds as de facto
sales of the stock equivalent to a third party
sale of stock by the shareholder.
Ms. Olatoye described how she
had already frozen the
liquidation sales of NYCHA supplies, fired or demoted several senior administrators with handling inventory and introduced new security measures at the eight on - site storerooms.
Earlier that week, I saw a notice about a furniture outlet store located in that general area that was closing and the store was
having a
liquidation sale.
I know I keep bringing up the Borders
liquidation sales of a few years back and how I ended up picking up several good series by virtue of the fact that no one else
would touch them despite the ever - plunging percentage cuts; this was another of those series.
MathStar Inc's (OTC: MATH) board
has rejected the $ 1.04 per share cash merger offer from PureChoice, Inc. because «the $ 1.04 per share price is less than the
liquidation value of MathStar, including the value from any technology
sale, and, in the Merger, MathStar's shareholders
would derive no value from MathStar's net operating loss carryforwards.»
In the 13D filing the individual states his intent which is «As Aspen currently
has no active business operations and a significant amount of liquid assets, (individual name) believes that there is broad shareholder support for the implementation of a plan of
liquidation and distribution of substantially all the proceeds from the
Sale and Aspen's additional liquid assets to Aspen's shareholders.
IF Soap received something like 4.5 mm for software asset
sale, the rest of the
liquidation items could come in at the minimum (including the lease terminations) and soap
would still
have a value of appx.53, above its current.46.
From time to time, RHS / Rural Development
has homes for
sale that
have been acquired through
liquidation of loans.
Given that the company is now in hibernation mode and a
sale or
liquidation is imminent, however — and the strong argument the dissidents
have presented that shareholders face substantial risk if the board will not guarantee downside protection for their liquidity option — we believe shareholders
would be best served by replacing the incumbent board with the dissident slate of nominees.»
Neurobiological Technologies Inc (NASDAQ: NTII)
has engaged a financial adviser to explore a
sale of the company or its major assets to determine «if there is a transaction more beneficial to our shareholders than a
liquidation,» according to its CEO, William Fletcher.
We
have adjusted the September 10Q balance sheet to account for the
sale of the SEN JV and to back out several other payments and projected it forward to March (the «Book Value» column shows the assets as they are carried in the financial statements, and the «Liquidating Value» column shows our estimate of the value of the assets in a
liquidation):
February 17, 2016 Wintergreen Advisers, LLC is pleased that Consolidated - Tomoka Land Co.
has hired Deutsche Bank to pursue the directive of Wintergreen's Proxy Proposal: to explore strategic alternatives to enhance shareholder value, including the possible
liquidation of assets or the
sale of the company.
However, after
liquidation, the investor stands to gain more value if the stocks
had been purchased through a brokerage, since
sale costs through the DSPPs were much higher compared to a discount online brokerage.
I don't
have any way of speculating on timeframe but it continues to look like a
sale /
liquidation; we just don't know when.
The same sort of structural second - guessing is evident in the gold market here — a good example of what forced
liquidation looks like, as my impression is that leveraged longs
have been forced into a fire -
sale in recent weeks, creating good values for longer - term investors, but with continued near - term risks.
I agree that Karoo seems to be in the driving seat these days, and they seem focused on turning Sirius into a more conventional property opportunity — so an eventual
sale /
liquidation appears less likely now than I
'd perhaps
have hoped for before.
On a similar note I'm also becoming less and less enthused with Winthrop management's handling of their
liquidation; its been almost a year now since the company's remaining assets were put in a liquidating trust and we shareholders
have seen little in the way of property
sales and liquidating distributions.
Further research by Tweedy, Browne
has indicated that companies satisfying the net current asset criterion
have not only enjoyed superior common stock performance over time but also often
have been priced at significant discounts to «real world» estimates of the specific value that stockholders
would probably receive in an actual
sale or
liquidation of the entire corporation.
Shoppers
had lined up, some as early as 6:00 a.m., to get inside on this, the first day of Target Canada's
liquidation sale.
But investors obviously aren't prepared to give management any benefit of the doubt here, and to date the company's cash pile
has been inaccessible (& therefore «worthless» in many respects)-- realistically, a decent return from here is only going to be delivered via a
sale or
liquidation of the company, with the cash pile returned to deserving shareholders (now the only logical step, with acquisitions killed off & presuming the restructuring ensures profitability).
Granted, the intrinsic value of Argo's cash & fund investments remains obvious, but it will surely take an eventual
sale (which management wouldn't pursue to date) or
liquidation to realise this value somewhere down the road...
Upon the
sale,
liquidation, or re-privatization of the institution, the bondholders
would receive the portion of the proceeds that are not required as regulatory capital.
Employees at the stores where the
liquidation sales are taking place
have been asked to stay on the job until the
sales are complete and the location is shut down.
We
've been following ASPN (see our ASPN post archive) because it's trading at a discount to its $ 1.17 per share
liquidation value and there are several potential catalysts in the stock, including a 13D filing from Tymothi O. Tombar, a plan to distribute substantially all of the net, after - tax proceeds from the completion of the Venoco
sale to its stockholders ($ 5.3 M), and the possibility that the company will dissolve.
The company
has announced that the board of directors
has approved a Plan of
Liquidation and Dissolution forecasting distributions of between $ 0.002 and $ 0.0173 per share contingent on a
sale of its assets.
Based on our current projections of operating expenses and
liquidation costs, we currently estimate that distributions to stockholders
would only occur in the event of a consummation of the
sale of one or more of our assets:
As Aspen currently
has no active business operations and a significant amount of liquid assets, Mr. Tombar believes that there is broad shareholder support for the implementation of a plan of
liquidation and distribution of substantially all of the proceeds from the
Sale and Aspen's additional liquid assets to Aspen's stockholders.
At its $ 3.23 close yesterday, FORD
has a market capitalization of $ 25.8 M. My rough valuation pegs the Graham fire -
sale liquidation value at around $ 20.0 M or $ 2.50 per share.
Our nominees intend to conduct a strategic review of all options for the Company, including a possible
sale or
liquidation, that will improve stockholder value without taking undo risk that could jeopardize the remaining value inherent in the Company's balance sheet, something we believe this Board
has failed to accomplish.»
If IMN's IP and thus its intangible assets are absolutely worthless, IMN
would be worth under $ 2 in a fire
sale liquidation.
Mega
liquidation yard
sale; Village Scene Productions,
has over 10 years of accumulated production sets, props, costumes, along with furniture, chairs, dishes, clothes, 2 - key board organ, Christmas decorations, and a bevy of miscellaneous household and other items to sell.
The proposed plan to spend millions on retention bonuses for top - level executives
has been accompanied by public outrage over reports that
sales prices during
liquidation sales may
have been intentionally inflated before being placed on
sale,
Our Reorganization and Bankruptcy Team
has decades of experience representing clients in every aspect of reorganizations, restructurings, workouts, bankruptcies,
liquidations, and distressed acquisitions and
sales, as well as cross-border proceedings.
But you should be aware that in exchange for clearing these debts, your creditors may
have the right to ask for a
liquidation sale of valuables.
You may
have heard about «
liquidation sales» in conjuncture with Chapter 7 bankruptcy.
Notice to California Residents Age 65 or Older: In the process of evaluating the purchase of any life insurance or annuity product, you should understand that the
sale or
liquidation of any stock, bond, IRA, certificate of deposit, mutual fund, annuity, or other asset to fund the purchase of this product may
have tax consequences, early withdrawal penalties or other costs or penalties as a result of their
sale or
liquidation.
During the
liquidation effort, cash generated from operations and property
sales would be used first to make required repayments of debt and other liabilities, and then distributed to common shareholders, the company said.
Asked what effect this
had on those individuals who
had purchased Onni units before the
liquidation sale, McNeill said he believed that reduction of the large inventory on the market
would allow the prices to rebound more quickly, and these individuals
would have better opportunity to trade up.
By Jean Sorensen A Vancouver marketing company
has new twist on bulk marketing for developers, creating what is being billed as the largest real estate
liquidation sale in Canada.
Houston — Hines Real Estate Investment Trust Inc., one of three public non-listed REITs sponsored by Hines, plans to undertake its
liquidation and dissolution, primarily through the cash
sale, for $ 1.162 billion, of a portfolio of office assets, Hines
has announced.
The toy giant
has not yet disclosed a timeline on other
liquidation sales.