Ever wonder what happened to Beatrice Foods, the owners of Airstream back in ~'68-~'78? Here's the short story here:
http://www.bloggingstocks.com/2008/06/12/companies-that-vanished-beatrice-foods-former-household-name/What can you learn from this sweet little summary? Many private companies are founded from a passion or a single focus. Money people think that they can leverage a company (read that "making even more money") into bigger and better things. Many will buy up a single entity to launch an empire, and then, as is often the case, somebody else with money comes along, buying up that conglomerate, with the sole purpose of dismantling the whole, selling it off piece by piece, to make even more money.
There's no such thing as a good buyout -- they're all bad. Keep your eyes on China -- they've got plenty of cash (our cash) and they're going to be spending it by buying a whole lot of US companies -- it's just a matter of time... Is there a Chinese RV in your future? How about a Chinese car?
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Topic: Repeat after me -- a buyout is NEVER a good thing... (Read 437 times)