Quote:
Originally Posted by blackthroatedwind
Whatever anyone may think of Stronach, this is very troubling news for the entire Thoroughbred industry, and could have serious repercussions in the future.
|
Absolutely! How enticing is a potential transaction after reading those numbers?? The salvation may be that it becomes a real estate play....But then the acquirer may not give a sh%t about the actual business...They may just be looking for a short term "flip." Very scary.....