Rodmor,
There would be plenty of potential buyers of the managements rights after all its the cream on the cake. No debt & lots of cashflow. Really can't see management or shareholders letting it go, unless they were paid a huge price (most unlikely). This talk is just another way of trying to get the cashflow without having to takeover the whole company, which most predators know would be impossible at anything less than a fair price to all shareholders. The management rights are the sweet spot of this company. Wouldn't current management already know if they sell off assets yet retain management rights its a huge win to the company. This would have to be the story on CNP when there is no current story.
Regards
Buffett
Add to My Watchlist
What is My Watchlist?