Muppet Movement

As I understand, in February 2000, Jim Henson Enterprises sold 'The Muppets' to EM.TV, a German media firm, for $680 million in cash and stock. Just last week, it was announced that EM.TV will sell 'The Muppets' to the Henson kids for a price of $89 million. In slightly over two years, EM.TV was able to lose $591 million. Looks to me that those numbers easily qualify as bonehead management making bonehead decisions.