Scott:
The only people angry about the turn of events are those institutions and shareholders that bought real low and were hoping for a quick flip.I'm willing to bet that everyone would be screaming for the head of DG ( except those pushing for it who stand to make a quick buck) if the company had been sold for peanuts..In fact if all you got was less than a buck for your shares you'd be screaming a different tune right now as would many in the media. .The article also appears to intentionally give one the impression that all deals are off when in fact there aren't. The insinuation of an employee revolt is also interesting yet unsourced..Gusella was also very clear debt wasn't a problem as it will probably be rolled over again. All in all Jan to May is oil season so trading will take it's usual pattern..
Either way DG said JV only on hold till Feb..IMHO he's betting that with a strong quarter and other events he can get a better deal. Well soon find out.
