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Guys,

Take 10 minutes and go to their corporate site and you will see the deal is already done. They sold to one of their partners but retained a 51% stake. The bg issue was the 4.9 billion they paid for Bobcat and Indy Rand...They have some serious debt and this will help them out. They are not getting out of the Lift Truck business yet.
  • Posted 13 May 2011 02:53
  • By just_a_guy
  • joined 11 Feb'10 - 16 messages
  • South Carolina, United States

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Fact of the week
In Germany, the 9th of November is sometimes called Schicksalstag, the "Day of Fate" because it has been the day for several major historical events, including the horrors of Kristallnacht in 1938 and the fall of the Berlin Wall in 1989.