Newmar Sold

John S. wrote:
I think it was sold for a couple reasons. One top of the market so max price.
Two is taxes. If they passed it down in the family there would be an inheritance tax. It would mean huge debt but selling you get to pay about half the tax now and structure it out to reduce it over time. Tiffin will be next I figure as they are the last big family owned company and the last time bob tiffin retired he had to come back.

You will be taxed on the profit you make from selling the business. ... Profit received from the sale of the business assets will most likely be taxed at capital gains rates, whereas amount you receive under a consulting agreement will be ordinary income.
There is no inheritance tax in Indiana either. However, other states' inheritance laws may apply to you if someone living in a state with an inheritance tax leaves you money or property. ... The federal government has a gift tax though, with a yearly exemption of $15,000 per recipient