Words of Advice:

"Never Feel Sorry For Anyone Who Owns an Airplane."-- Tina Marie

"
If Something Seems To Be Too Good To Be True, It's Best To Shoot It, Just In Case." -- Fiona Glenanne

"
Flying the Airplane is More Important than Radioing Your Plight to a Person on the Ground
Who is Incapable of Understanding or Doing Anything About It.
" -- Unknown

"There seems to be almost no problem that Congress cannot,
by diligent efforts and careful legislative drafting, make ten times worse.
" -- Me

"What the hell is an `Aluminum Falcon'?" -- Emperor Palpatine

"Eck!" -- George the Cat

Wednesday, April 5, 2017

Get Your Panera Fix While You Can

JAB Holding Co., the owner of Caribou Coffee and Krispy Kreme Doughnuts, said on Wednesday it would buy Sunset Hills [MO}-based Panera Bread Co. in a deal valued at about $7.5 billion, including debt, as it expands its coffee and breakfast empire.
I give them five years before those vulture capitalists do what they do: Layer on a lot of debt to draw money out of the company, then run it into the ground and go into Chapter 11 --> 7 bankruptcy.

It's what they do. The only people to get hurt will be fifty thousand or so employees. Whom none of the vultures will care about.

1 comment:

hans said...

heh... all legal, just smart business... we are so fk'd