Rumor Mill: Timberland In Play

Jan. 3.08 | About: Timberland Co. (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 reorganization they have done over the past year, I would not be surprised to see a bid on the table.