When did Good Sam Club take over RV.net?
I haven't been to the RV.net website in quite some time. I noticed that the Good Sam logo has taken over the website. When did this happen and why?
Forum Discussion
The forum was originally owned by Affinity/AGI.
Until THIS happened:
Their financial history tells the story! Think bank failures, golden parachutes and the market crash. When all else fails just change your name to Good Sam.
On August 15, 2009, AGI failed to make a $6.2 million interest payment to bondholders, and Standard & Poors subsequently lowered AGI's credit rating to D.
Standard & Poor reported that they had taken this view because bondholders will be receiving less than par value for the notes and because of the company's highly leveraged financial profile, weak operating outlook, and limited liquidity given the near-term maturity of its senior credit facility.
In May 2011, AGI announced that it was changing the company's name to Good Sam Enterprises.
Until THIS happened:
Their financial history tells the story! Think bank failures, golden parachutes and the market crash. When all else fails just change your name to Good Sam.
On August 15, 2009, AGI failed to make a $6.2 million interest payment to bondholders, and Standard & Poors subsequently lowered AGI's credit rating to D.
Standard & Poor reported that they had taken this view because bondholders will be receiving less than par value for the notes and because of the company's highly leveraged financial profile, weak operating outlook, and limited liquidity given the near-term maturity of its senior credit facility.
In May 2011, AGI announced that it was changing the company's name to Good Sam Enterprises.
