(TCMI)

All Comments on TCMI

  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:20 AM
    My Website
    General Discussion on TCMI
    Is this a buy or a sell? Reply
  • commenter
    James Marsh
    Sep 24 08:06 PM
    My Website
    Triple Crown Media: A Complicated Spin-Off With Motivated Management [view article]
    I would be very careful with this management team. Do a bit of research on how Gray merged their newspapers into Bull Run to create TCMI. The only reason Gray's management team contributed the newspaper assets to TCMI (rather than selling them to the highest bidder and benefitting all shareholders) was to allow Bull Run to sufficiently deleverage, allowing Bull Run to refinance and eliminate J. Mack Robinson’s personal guarantee of debt approaching $59.1 million. Truly a scumbag move, imo. The more you scratch around, the more this thing smells. I would have 0 confidence in management to do the right thing. Reply
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