Mainstream media attempts to downplay this talk of corporate takeover but our blog community KNOWS BETTER . . . Fact is that this biz model might be outdated amid the current era of online tax software.
Here's better coverage than local biz news attempting to cheer for a FAILING Downtown company propped up by tax breaks . . .
Seeking Alpha: Is H&R Block For Sale?
Street Insider: H&R Block (HRB) Takeover Rumors Not Seen as 'Far-Fetched'
Investor Place: M&A Rumors: Is H&R Block (HRB) Planning to Sell Itself?
Developing . . .
So H+R's Tweeter in Chief Matt Staubio wasn't able to save the company?
ReplyDeleteThe Toy Train hasn't boosted business?
ReplyDeleteThere are already hardly any corporate headquaters left in KC and the few large companies are mostly owned by foreign firms.
ReplyDeleteLooks like it won't be long before Bob's Organic Kale Smoothie Shop is what passes for entrepreneurship and economic success.
Sure hope it's downtown along the trolley line!
Where's the Wall Street Journal and Huffington Post when you really need them to spread the news?
H&R Block tried to exempt themselves from paying the TDD tax for the streetcar but it was an assessment and they owe it in full. Meanwhile, three of their interns ride the streetcar to work but the rest of their employees are still driving from Overland Park.
ReplyDeleteSounds like a normal business cycle. Sprint is not to far behind in eventually being sold off into parts once SoftBank finally gets rid of their failed investment.
ReplyDeleteBlock has pretty much been a farce for several years. They are plagued with problems with disgruntled franchises, can not meet goals, roll out defective software upgrades on a regular basis, has the worse technical support and call center operations on earth and attempt to dodge suit after suit resulting from their incompetence and negligence. It is not bragging for KC to claim Block as some kind of industry leader. Block glory days are long gone.
ReplyDeleteWhat about the TIFF they got from Kansas City taxpayers????
ReplyDeleteThis comment has been removed by the author.
ReplyDelete