Arctic Cat to Be Acquired by Textron in $247 Million Cash Transaction

[Wong]

www.arcticinsider.com

 

[srt20]

Are you sure your not Wong?

 

[snobuilder]

Whoa daddy....

- - - Updated - - -

Are you sure your not Wong?

Badumpbump!

 

[old abe]

Not good news for the Yami part???

 

[kip]

Time will tell I guess

 

[1fujifilm]

Time will tell I guess

Does Textron still own Polaris, it did back when I was younger.

Bear

 

[bearrassler]

Does Textron still own Polaris, it did back when I was younger.

Bear

Textron sold Polaris to a group of employees back in 1981 I believe, they were ready to just close it down at the time

 

[old abe]

Polaris sleds really took of in sales, and development after Textron was gone. They took the sled market by storm. And every time AC has sold out in the past, it's been to their demise. I don't like it.

 

[1fujifilm]

Textron sold Polaris to a group of employees back in 1981 I believe, they were ready to just close it down at the time

Could be a slash and burn, then flip to Yamaha or whoever?

Bear

 

[kip]

Don't see that happening Bear. They're looking for market share and I believe this is a strategy to start getting that.

 

[Banks93]

That is chump change deal IMHO. This 19,000 - 800 sleds or SxS.

Yamaha and Harley Davidson messed up on this transaction for that price unless they are just bleeding money every year.

I would think the new 800 motor and sleds will sell the 20,000 plus units next year world wide.

 

[kip]

Banks93, you could be right but Yamaha is super versatile but you hit it on the head with Harley

 

[Magnumb]

I could see 700-900 million....but 247M. Strange.

 

[kip]

Not any longer Bear but you're right, they did.