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-   -   Mercury to Lose Lake X (https://www.offshoreonly.com/forums/general-boating-discussion/63838-mercury-lose-lake-x.html)

Ron P 11-17-2003 10:37 AM

I heard it might be moved to Reggie land.

GLH 11-17-2003 10:51 AM


Originally posted by caferacer
Also heard that merc has a piece of Fountains Business.
Merc signed for an $18 Million(my mistake F1F) loan for cash infusion in Fountain if I recall, then they own Fountain for all practical purposes.

Quote from Reggie Interview:
"Then on July 1, 2007, they have a call to purchase the company. So I think we clearly have the exit strategy that we need. We’ve done it with the largest marine company in the world, the Brunswick Corporation, which owns Bayliner, Sea Ray, Hatteras, Boston Whaler, Bajas and has a call on my company approximately four years from now."

http://www.twst.com/notes/articles/tak619.html

So my vote is for around the Fountain factory!

GLH 11-17-2003 10:57 AM

His statement of "my Company" is close to accurate he owns 2.25 Mil of 4.74 Mil shares.

fountain1fan 11-17-2003 05:37 PM

fountain , i hope !? they are holding 14.4 mil of 18 mil loan from nations bank. where do you thank they will go ?

Donzi Corleone 11-17-2003 08:07 PM

It`s Panama City..........

RLW 11-17-2003 08:27 PM


Originally posted by Speed2Lead
It`s Panama City..........
Jim Emerson (I hope I have that right), at the Mercury Truck, at Orange Beach, said it was near Panama City.
This information just 3 days old.

Moisture-Missil 11-18-2003 04:59 PM


Originally posted by RLW
Jim Emerson (I hope I have that right), at the Mercury Truck, at Orange Beach, said it was near Panama City.
This information just 3 days old.

Well, I guess we will see here in the near future, What is going to happen and who, when, where and who got the BS and who got the correct info.....talk to ya soon!!!!!

T2x 11-18-2003 05:21 PM

Panama City......................

T2x


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