DRF sold
 

Introduce yourself to your new owners CJ, by asking for a nice, healthy raise $$$!! After all, you are the future right now at DRF, as the Beyers go by way of the dinosaurs...;)

Beyers are a brand name and will be around awhile. But that doesn't mean they won't change the methodology.

Enron, Lehman Brothers and Arthur Andersen were brand names too..:rip:

Z capital Management LLC is a private equity firm specializing in growth capital, buyout, distressed, turnaround, special situations, balance sheet and/or operational improvements, repairing the capital structures, and leveraged finance investments. The firm makes investments in middle market companies via complex transactions through restructuring and/or bankruptcy processes, opportunistic acquisitions and special situations.

You just got bought out by a vulture fund. They'll strip whatever assets DRF has, sell off the most profitable divisions, load it up with debt and loot all they can and then file for bankruptcy.

Of course, they'll fire people left and right and jack up prices.

So long print editions

Beyer figures are going nowhere.

My last company, where I worked before retiring, was bought out by the same firm-Z-Capital Mgmt. Nothing happened during the first year, other than lots of walk-throughs by their staff and outside consultants. At first they released the prior consultants who had set up shop for the previous 2 years. In the last year and a half, the President and VP were "retired" and several other staff changes. Both were way overdue.

Shown 'Z' door?

Sorry. Couldn't resist.

Lots of room for improvement at DRF...maybe this will make it happen over time

can we do something with the Moss pace figures in Formulator please!!!!!!!!!!!!!!

It has been a while since I said on Byk's show that my stuff will replace Moss, but it going to happen and it this point it is sooner rather than later. Things got put on hold as people can probably imagine with the announcement today.

There is always a 'sucker' born every day.

This is not a prediction because I can say this with certainty that this outfit will do this first and foremost: cut costs by diminishing the quality of its digital media and like all print media, ponder how to best eliminate its printed product, which will unquestionably drive its business further down.

Of course these financial types think they're smarter than the rest of us: I do remember UBET, though, and how sports betting would turn it into a giant cash machine back in 2000 or so?

One does not have to be a genius to realize that a business that lost 50% of its value during last 10-years, can't be in a BULL market and I don't care how smart these people think they are, they are not going to make a dent in sports betting world: Las Vegas Casinos are too many steps ahead of them already.

It's also too bad because some of the well known racing personalities will be laid off and ,of course, horse players are dependent on good and reliable data; but, I doubt that this outfit has any commitment in this area.

I'm not exactly a qualified judge of digital media, but they have a massive task ahead of them.

I wonder if I should shut down my DRF-Bets account.