BSET News and Press, Bassett Furniture Industries Incorporated From 10/12/22

Summary This is our 3rd Portfolio stock to receive a takeover offer in past 3 months, with Pzena Investment Management [PZN] being acquired for a 66% premium in August. BSET receives 2 bids, including a $21.00 all-cash offer [a 27% stock price premium] – but BSET has reject...

Bassett Furniture Industries  ( NASDAQ: BSET ) said its board in consultation with independent financial and legal advisors found that two unsolicited acquisition proposals from CSC Generation Holdings significantly undervalued the company. BSET confirmed that it r...

BASSETT, Va., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) today commented that its Board of Directors, in consultation with its independent financial and legal advisors, previously found that two unsolicited, preliminary non-binding proposals from CSC...

Bassett Furniture ( NASDAQ: BSET ) shares gained 17% premarket on Tuesday after it received $21/share all-cash acquisition proposal from CSC Generation. CSC Generation, a significant BSET shareholder, proposed to acquire 100% of the outstanding shares of BSET common stock ...

Bassett Furniture ( NASDAQ: BSET ) declares $0.16/share quarterly dividend , in line with previous. Forward yield 3.9% Payable Nov. 25; for shareholders of record Nov. 11; ex-div Nov. 9. See BSET Dividend Scorecard, Yield Chart, & Dividend Growth. ...

Bassett Furniture press release ( NASDAQ: BSET ): Q3 GAAP EPS of $0.82. Revenue of $118.01M (+12.5% Y/Y). For further details see: Bassett Furniture GAAP EPS of $0.82, revenue of $118.01M

Summary Year-to-date through August 31, 2022, in cumulative dollars, my two portfolios are up 6.2% compared to major losses for the broader indices. In my larger, flagship account, my three-year compound annual return is 43%. This piece discusses market strategy and what has d...

Summary Ethan Allen Interiors has performed exceptionally well over the past year or so thanks to strong demand for its offerings. Cash flows are strong and shares of the company look cheap as a result. Add in the fact that shares are cheap even compared to similar firms and t...

Bassett Furniture Industries ( NASDAQ: BSET ) said Tuesday it acquired Noa Home , a mid-priced e-commerce furniture retailer based in Montreal, Canada. The purchase price included cash payments of C$2M paid to Noa's co-founders and ~C$5.7M for repaying existing debt. ...

BASSETT, Va., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (NASDAQ: BSET) announced today that it has acquired the capital stock of Noa Home Inc. (“Noa”), a mid-priced e-commerce furniture retailer headquartered in Montreal, Canada. Noa has operations ...