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Post by grumperbear on Jul 25, 2007 8:31:33 GMT
l have just done some blinds for a customer. l asked him what he does for a living, and he said he was a funding manager. He works for a company that fund venture capitalist. He said that Hillarys came across his desk a few months ago. But when they looked into it was to risky to lend money to buy Hillarys. There was not enough left in Hillarys. He said his firm was very careful and would not lend against Hillarys.
He said that the new owners will have to squeeze Hillarys very hard to get their return on investment.
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Post by Blender on Jul 25, 2007 10:37:50 GMT
l have just done some blinds for a customer. l asked him what he does for a living, and he said he was a funding manager. He works for a company that fund venture capitalist. He said that Hillarys came across his desk a few months ago. But when they looked into it was to risky to lend money to buy Hillarys. There was not enough left in Hillarys. He said his firm was very careful and would not lend against Hillarys. He said that the new owners will have to squeeze Hillarys very hard to get their return on investment. This guy is only confirming what a great many of us knew already.
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