I'm hoping this is reflective of the snail/pest bait business.
That business was non-core and really just a distraction. Hence it was a great move to sell it even though it only sold for about $1m. Freed management time up to focus on the main game.
The main difference is that this time they won't give the proceeds back to shareholders in the form of a special dividend, they'll used the proceeds to pay down debt.
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- Ann: Sale of Non Core Brands
Ann: Sale of Non Core Brands , page-5
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10 | 5993 | 3.570 |
11 | 7145 | 3.560 |
5 | 5052 | 3.550 |
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Price($) | Vol. | No. |
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