Aggressive bids from financial sponsors would clearly serve as an upside catalyst for the group as investors anticipate the potential for further industry consolidation.
More Quotes from Peter Appert:
The metro newspaper challenge is the same everywhere.Peter Appert
This is a continuation of the trend that's been in place for the past couple of years. Strength in the company's core growth vehicles, and the potential resolution of the Shop at Home problem, bolster our enthusiasm for the SSP growth story.
Peter Appert
As an investor, I would love to see them increase the scale of this business. They've got the breadth and depth of management to run a bigger enterprise. The challenge is finding a market that meets their standards.
Peter Appert
I think it's a precursor to similar moves. You've got tremendous pressure on operating margins. The changes taking place reflect the new common realities of the industry.
Peter Appert
Investors care about product quality to the extent that it definitively correlates with financial performance. The reality is, however, that it's very hard to draw a direct correlation between product quality -- maybe because it's so subjective -- and financial performance in the newspaper industry.
Peter Appert
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