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Thursday, January 03, 2008

RUMOR MILL: Timberland (NYSE:TBL)

Hearing that the Swartz family that controls 70% of Timberland's (NYSE:TBL) voting stock has hired a tier-1 firm to help with a possible buyout. Initial price talk in the $22-$24 range.

Notablecalls: Makes me say hmmm... The stock has indeed been killed over the past couple of years and considering all the reorg. they have done over the past year, I would not be surprised to see a bid on the table.

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