Discovered this news item late last week: Lenox Group Inc. Provides Update on Strategic Alternatives Review Process.
An excerpt:
"Lenox today announced that it had been unsuccessful in finding a buyer for the company (Department 56) as a whole, at an acceptable price, but continues to actively explore other strategic alternatives....click here to read the complete story.
My two cents --
In trying to consider potential buyers, how about:
- the employees themselves
- a large distributor such as Sears
- a consortium of Dept 56 dealers
- a group of funded collectors
- an entertainment company such as Disney
- a movie studio looking to cross-promote holiday movies such as Universal Studios
An excerpt:
"Lenox today announced that it had been unsuccessful in finding a buyer for the company (Department 56) as a whole, at an acceptable price, but continues to actively explore other strategic alternatives....click here to read the complete story.
My two cents --
In trying to consider potential buyers, how about:
- the employees themselves
- a large distributor such as Sears
- a consortium of Dept 56 dealers
- a group of funded collectors
- an entertainment company such as Disney
- a movie studio looking to cross-promote holiday movies such as Universal Studios
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