Description: Investors flee the retailer after disappointing sales and earnings. Will ousted chairman George Zimmer try to take the company private?
Source: CNNMoney.com – video report
Date: Sep 12, 2013
Questions for Discussions:
- Why do failing companies typically go private?
- Do you think the firm needs new management in order to revive sales and profits?
- Is George Zimmer a plus or minus to the firm?