RSTO (Restoration Hardw)
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Why I Love This Stock |
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By:barrons2 |
Date:11 24 07 |
"Sears Holdings (SHLD) intends to evaluate the "desirability" of proposing an acquisition of Restoration Hardware. Sears disclosed that it had proposed buying Restoration before the purveyor of high-end home furnishings agreed to be bought by a private-equity group. Sears says that it approached Restoration in June about a possible business combination, and in late October proposed purchasing the company for $4 a share. Sears is seeking to obtain certain nonpublic information from Restoration, and has indicated that it would enter into a confidentiality agreement to get such information. Sears Holdings has 5.3 million shares (13.67%)." |
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By:Pro |
Date:11 30 -1 |
Upgraded by Caris & Company from Average to Buy |
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By:Pro |
Date:11 30 -1 |
Downgraded by JMP Securities from Mkt Outperform to Mkt Perform |
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By:Pro |
Date:11 30 -1 |
Upgraded by BB&T Capital Mkts from Hold to Buy |
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Why I Hate This Stock |
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