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OmarOak

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  1. OmarOak
    Most brands, regardless of industry are for sale given the right price. Today, Cruise lines are distressed assets. The problem is a lack of Buyers who will pay anything beyond a discounted liquidation value of the hard assets. If Carnival sells HAL for $1 Billion, but have $2 Billion of debt related to it, selling just digs their hole deeper.
  2. OmarOak
    Sycamore Partners is not a "builder", they are asset strippers. Research what they have done to Staples, Chateau St. Michelle and others in their portfolio...
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