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re: 50,000 jobs in Southeast at risk as Southeastern Grocers discuss bankruptcy

Posted on 11/22/17 at 12:28 am to
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63549 posts
Posted on 11/22/17 at 12:28 am to
quote:

Southeastern Grocers, parent company of Bi-Lo, Harveys, Winn-Dixie and Fresco Y Mas, has reportedly hired Evercore, an investment bank, to advise it as the grocer restructures its debt.


Guess Bi-Lo better Sel-Hi.
Posted by OKellsBells
USA
Member since Dec 2016
5264 posts
Posted on 11/22/17 at 1:45 am to
quote:

Guess Bi-Lo better Sel-Hi.

I bet you are a ton of pun at parties.
SEG owns Bi-Lo and their debt is 6 times EBITDA. Sell me what that means.
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