South Beloit, IL: Multimedia company "At the Tap" announced today that it will be relocating its corporate headquarters to the semi-tax haven of Roscoe, Illinois in the near future.
According to an At the Tap spokesman, "While the move will result in a short term cash flow reduction and a drop in liquid capital, Management believes that the long term capital appreciation potential of the move will result in reduced opportunity costs, significant expense reductions and the unlocking of significant shareholder value."
Analysts predict a drop in At the Tap's publishing frequency for the duration of the shift, citing the high probability that the majority of the business' resources will be focused on developing core business systems.
[I close on a condo tomorrow. At the Tap goes on a short hiatus whilst I move my stuff.]
Thursday, January 11, 2007
"At the Tap" Announces Corporate Restructuring
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