Somebody post that Hardige has been sold to an investment group on one
of the forums I read. Can any of you guys confirm that? What do you
think it means long term?

On 2/14/2018 5:29 PM, Bob La Londe wrote:
Somebody post that spHARDINGE has been sold to an investment group on one
of the forums I read.Â* Can any of you guys confirm that? What do you
think it means long term?

Dang. Misspelled it not once, but twice.

On Wed, 14 Feb 2018 17:29:57 -0700, Bob La Londe
wrote:

Somebody post that Hardige has been sold to an investment group on one
of the forums I read. Can any of you guys confirm that? What do you
think it means long term?

They're being sold to Privet Fund Management LLC, a hedge fund that
specializes in small-cap companies. It's the type of hedge fun that
runs individual portfolies for its clients, unlike the ones that have
their own funds that investors buy into.

I don't know the company but that structure is for investors who look
at any acquisition as a pure money play. They are not invested because
they think it's a strong long-term play in manufacturing.

--
Ed Huntress

"Ed Huntress" wrote in message
...
On Wed, 14 Feb 2018 17:29:57 -0700, Bob La Londe
wrote:

Somebody post that Hardige has been sold to an investment group on one
of the forums I read. Can any of you guys confirm that? What do you
think it means long term?

They're being sold to Privet Fund Management LLC, a hedge fund that
specializes in small-cap companies. It's the type of hedge fun that
runs individual portfolies for its clients, unlike the ones that have
their own funds that investors buy into.

I don't know the company but that structure is for investors who look
at any acquisition as a pure money play. They are not invested because
they think it's a strong long-term play in manufacturing.

--
Ed Huntress


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