Valuations & Acquisitions: Tough Time to Compete, Worse Time to Sell
To borrow a timely solution, if Waterfronts Nautical doesn’t sell, perhaps Kirsch can request a bailout. At least the catalog business is profitable, and that’s a lot more than you can say for any of the Detroit automakers.
Mark Del Franco has covered catalog/multichannel mergers and valuations for more than a decade. You can reach him at firstname.lastname@example.org.