[nomadfl]

I came across this on a Florida Surf Fishing Board

K2 Inc. announced it was being bought by Jarden Corp. in a cash-and-stock deal.
Jarden:Abu Garcia, Berkley,Fenwick, Gulp, Mitchell, Stren.Trilene and Penn

Who's left???? :secret:

I verified it from the financial news

Jarden set to buy K2 for $1.2 bln: WSJ

4/25/2007 1:19:00 AM ET Related symbols: ALC JAH KTO
Reuters



NEW YORK (Reuters) - Jarden Corp. (JAH.N: Quote, Profile, Research) is expected to announce an agreement on Wednesday to buy sports-equipment maker K2 Inc. (KTO.N: Quote, Profile, Research) for $1.2 billion in cash and stock, the Wall Street Journal reported on its Web site.

Jarden, which makes a range of consumer goods from cookware to camping gear, is expected to offer $10.85 in cash and 0.

Further story

http://www.thedesertsun.com/apps/pbcs.dll/article?AID=/20070426/BUSINESS/704260324/1003

 

[Tozer]

All going into one big cooking pot then I guess.

 

[Maywood]

Seems quite a large ammount of money to invest,I now ponder if the price of tackle will drop as i can see manufacture of products amalgated to certian countrys,and this sometimes means the lowering of standards in persuit of bigger profits,after all this company will not invest this ammount without surveying the returns involved,watch this space.

 

[philtherod]

Time to invest in Zziplex/Conoflex/Century/ Harrisons perhaps?

philtherod

 

[moonshiners]

IMHO It probably won't effect much, these types of buyouts are on a managment level, the companies if large enough are usually left to there own devices internally and on the "public level"

The only real difference in sharing of pruduct manufacture and hopefully customer services.

Please note these comments are general and not concerning this specific company.

 

[Ajohn]

It seldom goes like that long term moonshine. The parent companies always want to make more profit and often rationalise there holdings in terms of products and organisation. Expect an increase in badge engineering.

Also see http://www.worldseafishing.com/forums/showthread.php?t=65500

John

 

[STAN M]

Time to invest in Zziplex/Conoflex/Century/ Harrisons perhaps?

philtherod

Well worth the thinking Phil :clap3: