In a message dated 5/9/2007 8:28:53 P.M. Pacific  Daylight Time, 
[EMAIL PROTECTED] writes:
This thought may have been offered  as I've only looked at a few of
these posts. It may be that Pentax is taking  the same route as many
have and that's selling certain assets to generate  cash in order to
control more of their stock, thereby hoping to fend off a  hostile buy
out, in this case, by  Hoya.(??)

Jack

===========
Hmmm. Gave it more thought. If they  are banned from seeking outside 
investment until the time frame with Hoya runs  out, it could be a sneaky 
underhanded 
move. That selling a building is the ONLY  way they can bring in extra money 
at this time. As selling real estate is not  viewed as outside investment.

Because the big thing that has been  puzzling me all along is, it takes a 
while to sell real estate. And I found it  puzzling from the beginning that 
they 
thought they could do it quickly. (I am  presuming selling HQ means they own a 
building, that might be quite pricey if it  is in downtown Tokyo.)

Which mean they have a buyer or buyers already  lined up. The deal is already 
done except for the paperwork. Which would mean  they are in essence, 
laundering money, to get around the ban. Legally.  

What do you think of that scenario?

Marnie aka Doe  

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