Msg ID:
2758878 |
AMC is for sale according to CEO recent letter +6/-2
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Author:She plays words. Read between lines
1/13/2023 8:59:05 PM
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"Air Methods wills continue to be here, regardless of the ownership structure."
"a change of ownership has not and will not impact that." Referring to providing "a critical service to its patients and communities we serve." |
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Msg ID:
2758882 |
AMC is for sale according to CEO recent letter +7/-0
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Author:homer
1/13/2023 10:01:14 PM
Reply to: 2758878
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Of course we are. Everything owned by private equity is always for sale. New execs will come into Denver who still won't know where my base is or what I do. All fine as long as the check clears every two weeks. |
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Msg ID:
2758884 |
AMC is for sale according to CEO recent letter +1/-0
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Author:Hopeful
1/13/2023 10:28:02 PM
Reply to: 2758882
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lets hope!! Current equity owners need to get out of the air ambulance business. their choices of CEO and "ELT" leadership are killing not only and company but hurting an already struggling industry. one can only blame their inept leadership on "NSA" for so long. |
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Msg ID:
2758886 |
AMC is for sale according to CEO recent letter +0/-0
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Author:BigT
1/13/2023 10:50:17 PM
Reply to: 2758882
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The problem is that there is very little "equity" in private equity. They borrowed the money to buy the company. Remember, Air Methods stock was priced around $55 per share a year prior to the purchase. It went down to $28 (in other words, the trend was very negative). The private "equity" group then purchased the company for about $43 per share. You might say they overpaid and then used debt to buy the company. Now, interest rates have increased. What to do? |
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Msg ID:
2758885 |
AMC is for sale according to CEO recent letter +0/-0
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Author:GMR
1/13/2023 10:47:53 PM
Reply to: 2758878
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Seriously? |
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Msg ID:
2758889 |
AMC is for sale according to CEO recent letter +11/-0
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Author:hopeful
1/14/2023 6:44:22 AM
Reply to: 2758878
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Private equity has destroyed many things so that a few could get rich, hopefully they are sold to someplace that truly wants to make the industry work, wishful thinking probably. Private equity is worst of the worst. |
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Msg ID:
2758931 |
AMC is for sale according to CEO recent letter +0/-1
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Author:Wind Point
1/14/2023 3:16:50 PM
Reply to: 2758889
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Most folks don't understand how equity firms work. Take profit of 100 million and turn it into 1 billion in their pocket. Every 5-7 years equity firms sell their assets to other assets. Some for way better and some for not. Most folks couldn't tell you the biggest players in private equity. They just assume everyone is Enron. |
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Msg ID:
2758937 |
AMC is for sale according to CEO recent letter +1/-0
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Author:Enron was publicly traded
1/14/2023 3:56:26 PM
Reply to: 2758931
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but you sound like somebody that has a firm grasp on how equity firms work |
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Msg ID:
2759139 |
AMC is for sale according to CEO recent letter +0/-0
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Author:hopeful
1/16/2023 6:10:57 PM
Reply to: 2758931
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That's really basic, nothing new there. |
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Msg ID:
2758939 |
AMC is for sale according to CEO recent letter +2/-0
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Author:Moneyhoney
1/14/2023 4:29:06 PM
Reply to: 2758878
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Yes, it is true. I have purchased AMC. As my first official act, I will bring in a sink. I will also ask HQ employees to expect long hours and release unneeded staff. On the revenue side, I will abolish the current pay structure and use the pirate ship structure. Each employee will receive a percentage of revenue based on their position. Thus, employees will share the costs and benefits of the companies success or failure. |
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Msg ID:
2759133 |
AMC is for sale according to CEO recent letter +1/-0
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Author:Might
1/16/2023 4:37:21 PM
Reply to: 2758878
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as well turn to not for profit somehow. |
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Msg ID:
2759174 |
AMC is for sale according to CEO recent letter +0/-0
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Author:Genxer
1/17/2023 7:26:00 AM
Reply to: 2758878
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This is not news. All public companies are for sale. |
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