Re: Summit
in response to
by
posted on
Jun 08, 2011 11:26AM
It appears they waited to evaluate their performance to better grasp the numbers since they acquired the Polaroid Group, before coming to a settlement agreement.
"The company expects the agreement to yield $1.3 billion in retail sales over an unspecified period beginning in 2009"
"The settlement resolution as currently contemplated is contingent upon Summit’s business performance during the next few months."