It’s better than bankruptcy. The acquirer will do what the board failed to do which is turned the company around to make it profitable and then sell it in the open market. It will require significant restructuring in terms of Human Capital, Outsourcing of IT and manufacturing to a less costly section of the world, a more robust distribution network, as well as the elimination of hard and real estate assets. We should see a significant downsizing of staffing, eliminating layers management, but also adding a more robust and centralized sales team and perhaps the relocation of the worksite to a lower tax and lower $ per sq footage facility. We should see a significant lowering of expenses which will show immediate positive net profit margin results. Good luck to the existing staff, whomever ends up remaining to drive profitability
How much are they providing?
You are one mentally deranged little bitch