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Moss & Rimmer's gobbled up


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There is discussion on the TRR Forum that both Moss and Rimmer have been gobbled up by a USA Equity (asset stripper) group.

Long live TRShop, TRGB, Revington and other smaller friends.

 

Roger

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No, definitely not. Private equity taking over is usually bad news. Asset strippers tends to be accurate description unfortunately.

It’s the American market exposure that is why those two I assume. No doubt there is some positive spin being put on it….

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  • 6 months later...

Plus, Labour has not stopped the "carried interest" concession!    This is of especial interest to hedge fund managers, as fees they earn on acquisitions and sales are taxed at only 25%, when if they were classed as "capital gains" it would be nearly 50%.    Would earn approx £200 million revenue.   Clearly one for the financial lobby, and quadruples all round!

John

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