Submitted by
Users who Dugg This
Connor Livingston
5772 Followers
Jason French
370 Followers
Bitter Numb
198 Followers
Advantage Nissan
282 Followers
Donnie Hamrac
264 Followers
Imon Mahmud
300 Followers
diggmeback
535 Followers
AndreasVOct 6, 2010
More good news for the economy then
logandurgenOct 6, 2010
I used to love giving people fruit-cups.
gkiltzOct 6, 2010
Private Equity.
Private equity is a way of TAKING MONEY OUT of businesses, NOT of putting it in!
Chrysler would no longer exist if it were still under private equity!
jrackowOct 6, 2010
I'm sure it has nothing to do with the mass of Internet competition. H&D only charges like, what, $6 for a pear? What a fantastic deal.
gkiltzOct 7, 2010
Does that pear have an ACT?
mrerrOct 6, 2010
We should not making a distinction between people who run the company and the company itself. Owners of any company should not be able to make money when the company is going downhill.
gordigorOct 6, 2010
Their stuff is too expensive either way.
dumptakerOct 6, 2010
I read the entire article (I know, how can I consider myself a digg user if I actually read the article, blah, blah, blah). My conclusion is that there is a whole lot of s**tty management going on that is driving that place into the ground. The downturn in the economy doesn't help, but loading the company up with $245 million in long-term debt, when it has never carried any long-term debt is just plain stupid. The investors should be ashamed of themselves. Management should be ashamed of themselves (especially that jackass CEO that gets paid $9.7 million per year).
The workers should revolt.
I love H&D chocolate popcorn and will be sad when I can no longer buy it.
phenolicOct 7, 2010
Their pears rock!
08sosoOct 8, 2010
Another example of how private equity pores debt onto a company which then slides into deterioration and eventually bankruptcy. It's happened again and again to venerable brands which cannot survive these crushing levels of debt, not for capital expansion but taken on for nothing other than making some people rich.