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Artic Cat bought out by Textron
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<blockquote data-quote="deleted member" data-source="post: 152218" data-attributes="member: 816"><p>anyone else find this purchase a questionable business decision? they paid 40% more than the stock price for a struggling company... missed revenue projections and posted losses for 4 straight quarters and they are able to sell at a premium in a now strongly competitive market. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite5" alt=":confused:" title="Confused :confused:" loading="lazy" data-shortname=":confused:" />:;:huh</p><p></p><p>the only way it makes sense is if they still own polaris.</p></blockquote><p></p>
[QUOTE="deleted member, post: 152218, member: 816"] anyone else find this purchase a questionable business decision? they paid 40% more than the stock price for a struggling company... missed revenue projections and posted losses for 4 straight quarters and they are able to sell at a premium in a now strongly competitive market. :confused::;:huh the only way it makes sense is if they still own polaris. [/QUOTE]
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