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Originally Posted by smooth
"failed attempt" doesn't have anything to do with their business model.
it's referring to the fact that the two owners tried to take sole ownership back after their company was open to "public" ownership...which means large conglomerates purchased enough stocks that they couldn't retain control over their own company.
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Thanks for the info and clarification smooth. I think it may be two different things though. I realize that the article Cyn posted was referring to the corporate buy out. But seem to recall an article or something that discussed their business model. That's what I was thinking of. But you guys have piqued my curiousity so now I'm off to wikipedia it!
Interestingly, it does stand to reason that if that many companies were interested in owning shares of B & J, then they must have been doing well (i.e. - their business model worked), unless they were not and they just planned to sell them off. But it appears they are doing just fine under the new ownership.
Oh yeah, it's nice to see you posting again smooth
