NOOOO! Thor buys Jayco
Just read that Thor has bought Jayco for $576 million. Wall Street Journal article at this address: http://www.wsj.com/articles/thor-industries-to-buy-jayco-for-576-million-1467375874 Jayco was t...
Forum Discussion
wing_zealot wrote:camperforlife wrote:Why work when you got $576M? I could live extremely well on the interest alone and never work a day it my life.
I was surprised when KZ sold to Thor and now Jayco. When these family companies hit the second and especially third generations money seems to out weigh family.
I agree. It's not and shouldn't be about family. Grandpa starts building widgets to make money, not to build widgets. Said widget company prospers and his children grow it into an enterprise. If the enterprise is sold at a price that sets grandchildren for life then grandpa's dreams have been fulfilled.
