Thor/Heartland buys out DRV

cdlaine wrote:
I'm sure I don't understand all the issues...but, doesn't it seem like 47 mill. is undervalued for the purchase price of one of the RV industry standards for "nice" motorhome manufact. ??? With out looking at looking the data spreadsheet...just going solely on my RV storage facility ,...sure seems like a lot of their high end units have been sold. I would assume that 47 mill. includes the name, plant, inventory, distribution, subsidiary contracts, rights, staff, proprietary items...etc. , would seem a bargain for Thor ???

Heck , many major league basketball/football/soccer/baseball individual stars sign contracts worth duple/treble that amount.

Just seems odd.

Charles

I was thinking along the same lines...=especially= for TWO companies. Article says they're buying Cruiser RV, too.

Lyle