/biz/ - Business & Finance

Good morning, baggies. Looks like there's once again rumors of a buyout, citing IRC rule 302 this time. This is the most believable narrative of the last two years, surprisingly. Does this mean that someone is looking to drop 20 billion plus equity onto the bagholders? You can trust Alex to tell you that, so long as you keep tipping him on his stream.

Sadly, there's not much news, as usual. Still, BBBY managed to secure another $400k sale, which should be enough to feed Kroll and whoever keeps getting introduced to the case pro hac vice for another month. There's also news from Etoro, who are saying that you will be paid 7 cents per share if BBBYQ is removed for reorganization. That's 60 million dollars to throw around and, last I checked, BBBY didn't have enough to afford 3 cents per share, from the money that is meant to go to creditors anyway. It will be interesting to see how they settle this one.