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Wedbush Securities' Corinna Freedman discounts the buzz over Coach (COH +4.6%) being a takeover...

  • Wednesday, February 27, 12:02 PM ET
    Wedbush Securities' Corinna Freedman discounts the buzz over Coach (COH +4.6%) being a takeover candidate. She's not the only analyst having difficulty figuring out which retail company would be interested in the mega-sized purchase (COH market cap $13.7B).
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This news story has 6 comments:

  • who says it has to be a retail company?

    pump and dump baby
    27 Feb, 12:14 PM Reply Like
  • Possibly because it is a PE dream. ROIC north of 30% and FCF yield of 9%. Buy it gear it up, sell for 3x return to the same pigeons that sold you it in the first place. Im sure Corinna will be foaming at the mouth when it returns to the market with a massive growth multiple in 2016. Im not sure Henry Kravis subscribes to Wedbush's research. Probably not
    27 Feb, 12:57 PM Reply Like
  • Why wouldn't private equity be interested? Or Berkshire, perhaps. Right up his alley.
    27 Feb, 01:14 PM Reply Like
  • Cause it would take a 16 billion check is the likely reason it would be very complicated.
    27 Feb, 02:42 PM Reply Like
  • Great news,I've been long. I hope more we be interested in COH.jpmj4847
    28 Feb, 02:44 AM Reply Like
  • This COH stock is due for a nice comeback on technical basis. Also, with all due respect, this lady is just book smart. Look at her downgrade on DECK just 10 days ago. It was one of the big movers today up almost 16%. What a joke!
    2 Mar, 03:26 AM Reply Like
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