Meyers

I don't think that is happening it has been going around for a while now and we know a few people who work there who say no. But as the old saying goes where there is smoke there is fire so anything could happen.
 
is there any truth to this?
interesting, anyone have any figures of how much it sold for?
and would they have purchased everything or only a specific piece of the business?
 
Titanium is a 'stalking horse' kind of buyer. Any company they buy is in some sort of distress. For instance, when they bought Muskoka it was a choice of take the offer or close the doors. The only thing about them (Titanium) is they don't actually wait for the company to go broke. So they would buy the company for what would not amount to a hell of a lot when the debt is netted out. You can see what Titanium has paid only by looking at financial statements and watching the money ... it doesn't get publicized.
 
why are you discussing Titanium now? I thought it might be bought by Canada Cartage, am I missing something? wrong thread maybe?
 
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