Rod Overstreet |
09-02-2015 08:03 AM |
Quote:
Originally Posted by Dirt Dud
(Post 156943)
Has anyone heard any news as to the new owners at Gasgas ? Not that there is anything we can do about whoever it will be . But I sure am looking forward to who is going to take over and how it will effect us GasGas guys . I am very hopeful that it is going to be a company that will grow the brand off of the machines we already have . And I sure hope they do it fast !
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I spoke with the former CEO 2 weeks ago. He tells us the Court Appointee is now reviewing all potential buyers thru the month of Sept (currently there are 15+ potential buyers) then will narrow down to 3, before finally deciding who gets the nod, sometime in Oct. He went on to say the final decision will not come down to who places the highest bid, but rather who agrees to meet the majority of the requests made by the stock holders, unions, etc. In other words, who will do what is best for the workers and the brand.
This is information was sent to all the dealers immediately after our conversation. When there are further updates, it will be sent to the dealers first, then thru public media.
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