[Winona] Re: Winona Digest, Vol 42, Issue 9

[Bob Sebo]

they recieved approval from the stb some time ago...apparantly, the capital markets just aren't all that interested...rumours of the dme being an aquisition target have been around forever...i'm not exactly sure what this means...to sell ancilliary operations, or sell a controlling stake for enough to go forward

bob sebo
winona

  ----- Original Message ----- 
  From: c.e. woodford 
  To: winona at mnforum.org 
  Sent: Thursday, June 14, 2007 12:29 PM
  Subject: [Winona] Re: Winona Digest, Vol 42, Issue 9


  [Winona Online Democracy]




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  So, they had the greenlight to go ahead with the project all along? I was under impression that it wasnt just about getting the public dollar involved (with the cheap govt loan) but they also didnt have complete regulatory approval for the expansion itself.
  I am curious why, if they already had a greenlight for the expansion( regardless of civic feeling along the line) why they didnt turn to the private sector to get the $$$ ? The fact that they are now willing to sell off chunks of the company in order to raise the needed funds for the expansion would lead me to question the DM&E's financial stability to begin with and also to question the margins they operate on.

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    Today's Topics:

    1. Article from the Post-Bulletin (no-reply at postbulletin.com)


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    Message: 1
    Date: Wed, 13 Jun 2007 12:23:06 -0500
    From: 
    Subject: [Winona] Article from the Post-Bulletin
    To: 
    Message-ID: <007201c7addf$815fcd00$83f0750a at PBWEB4>
    Content-Type: text/plain; charset="iso-8859-1"

    I Found this and I thought you might be interested.
    Wonder what this might mean to the Winona DM&E debate?
    Craig Brooks

    Message from: hswcb at yahoo.com

    http://www.postbulletin.com/newsmanager/?a=297505&z=2

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    End of Winona Digest, Vol 42, Issue 9
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