Just a month ago, we first featured Prestige Brands ( PB H) as a value stock that was worth looking into.

FORBES: Improved Rental Rates Has Post Properties Sitting Pretty

The problem with the deal as far as the Court was concerned is that PB and NJSEA had just done too good a job in eliminating any downside or upside for PB.

FORBES: Pitney Bowes Passes Go From Boardwalk But Lands On Income Tax

In short, PB bore no meaningful risk in joining HBH, as it would have had it acquired a bona-fide partnership interest.

FORBES: Pitney Bowes Passes Go From Boardwalk But Lands On Income Tax

As some amateur runners have noted, most people have their marathon PB indelibly etched in their brain.

BBC: Paul Ryan marathon claim: Would you fib about your PB?

As the Court saw it there was simply not a partnership between NJSEA and PB, merely an attempt to transfer the credit.

FORBES: Pitney Bowes Passes Go From Boardwalk But Lands On Income Tax