Jeffereis bought 70% of NC last year. It wasn't made public because they didn't need to. Now that the cat is out fo the bag you can clearly see on the jefcap.com website that NC is listed as one of their companies.
The info is accurate and true. NC's reputation would be tarnished if it was to come out that Harry "sold out" again.
Being that NC and Jefferies are both private parties, they need not disclose any details.
Just whatever they need to to spin it positively.
I've heard some BS where it was said the Jeffereis was owned by Harry's son.
get on the Jefferies website and research. Equity companies don't just take small bits of companies. They buy them, fix them, and sell them for a profit. It is their stated mission.
Equity companies aren't in it for the long haul. Avg turnaround is 3 to 5 years.
It just isn't plausible, the 25% story. Harry put it out there to stabilize any rumors.
Which by the way, the classless piece of crap that he is, used Jevic's purchase by Sun Cap to his advantage. He personally used the info to spin our situation into a negative. All at the same time he was doing the same thing.
Take a look back at some of my posts from last year where I posted about the sael. How long ago it was.