 tolimj join:2007-05-23 Center Conway, NH | Fairpoint.......I don't think so....the spinoff is a joke You Fairpoint believers have accepted the wool pulled over your eyes. The whole sale is beening done because Verizon MUST be sold off to a small company to take advantage of a tax loophole called Reverse Morris Trust enabling the entire transaction to be TAX FREE!!!! (saving them 600 million $$$$$)...... Also, This is what Fairpoint says at the end of their press release of promises, quoted word for word;
This press release may contain forward-looking statements that are not based on historical fact, including, without limitation, statements containing the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions and statements relating to potential cost savings and synergies expected to be realized in the proposed merger with the northeast wireline operations of Verizon Communications Inc. Because these forward-looking statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ materially from those expressed or implied by these forward-looking statements. Such factors include those risks described from time to time in FairPoint's filings with the Securities and Exchange Commission.
Are you kidding me??
I dont know about you, but thats not a company brimming with confidence and after completing copious amounts of research on Fairpoint, I know their reason for uncertainty.
If Verizon wants to sell off the Northern States so badly at least let us have a commendable company with solid experience and resources such as AT&T.
LET ME LEAVE YOU WITH THIS; IF IT LOOKS AND SMELLS LIKE A SKUNK
IT PROBABLY IS!!
LETS MOVE NH FORWARD
.NOT BACKWARDS
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