[Winona Online Democracy]
they recieved approval from the stb some time ago...apparantly, the capital
markets just aren't all that interested...rumours of the dme being an
aquisition target have been around forever...i'm not exactly sure what this
means...to sell ancilliary operations, or sell a controlling stake for enough
to go forward
bob sebo
winona
----- Original Message -----
From: c.e. woodford
To: [email protected]
Sent: Thursday, June 14, 2007 12:29 PM
Subject: [Winona] Re: Winona Digest, Vol 42, Issue 9
[Winona Online Democracy]
------------------------------------------------------------------------------
So, they had the greenlight to go ahead with the project all along? I was
under impression that it wasnt just about getting the public dollar involved
(with the cheap govt loan) but they also didnt have complete regulatory
approval for the expansion itself.
I am curious why, if they already had a greenlight for the expansion(
regardless of civic feeling along the line) why they didnt turn to the private
sector to get the $$$ ? The fact that they are now willing to sell off chunks
of the company in order to raise the needed funds for the expansion would lead
me to question the DM&E's financial stability to begin with and also to
question the margins they operate on.
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Message: 1
Date: Wed, 13 Jun 2007 12:23:06 -0500
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Subject: [Winona] Article from the Post-Bulletin
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I Found this and I thought you might be interested.
Wonder what this might mean to the Winona DM&E debate?
Craig Brooks
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