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Staffing 360 Solutions Could Be Acquiring Its Way Out Of Debt

July 15th, 2018 · No Comments

  • The shares of Staffing 360 Solutions increased four-fold in a single day, on what seems to be fairly mundane acquisition news.
  • However, digging deeper, two similar acquisitions last year are likely to have substantially boosted EBITDA and, perhaps, also cash flow.
  • The last acquisition might even be better.
  • The market is suddenly realizing the company is not going belly up, might very well retain its Nasdaq listing, and might cope with its substantial debt burden, although the jury on that one is still out.

Source: Staffing 360 Solutions Could Be Acquiring Its Way Out Of Debt – Staffing 360 Solutions, Inc. (NASDAQ:STAF) | Seeking Alpha

Tags: STAF