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Fountain to Buy Bayliner

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Old 04-01-2008, 12:00 AM
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Default Fountain to Buy Bayliner

My friend just emailed this to me. I should have more info in the morning.



Brunswick Announces Sale of Bayliner Assets to Fountain Powerboats


LAKE FOREST, Ill., March 31 /PRNewswire-FirstCall/ -- Brunswick
Corporation (NYSE: BC) today announced the signing of a letter of intent to sell certain assets relating to its Bayliner boat business to Fountain
Powerboat Industries, Inc., of Washington, N.C. Terms of the agreement were not disclosed, and completion of the sale is subject to certain conditions.
In preparation for the transition, Brunswick plans to end production of
Bayliner boats, consistent with the end of the 2008 model year. As a result of these actions, the company said it estimates that asset write-downs, along with severance and other costs associated with the plant closure, could total between $10 million to $12 million, pre-tax.
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Old 04-01-2008, 12:10 AM
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kidding?
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Old 04-01-2008, 12:14 AM
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It is that time of the year again isn't it.
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Old 04-01-2008, 12:16 AM
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Yeah,Yeah, April Fools!
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Old 04-01-2008, 12:36 AM
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you waited till exactly April first to post that
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Old 04-01-2008, 07:18 AM
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I can't put one past this crew!


It's been a longgggggg winter, just having a little fun with no drama!
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Old 04-01-2008, 08:26 AM
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Tom why would Reggie by a better line then his own ... LOL
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Old 04-01-2008, 09:27 AM
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A Baybeeker!!!!
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Old 04-01-2008, 10:00 AM
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I thought they already purchased Bayliner???
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Old 04-01-2008, 11:53 AM
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I thought Bayliner owned Fountain.
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