bayerische wrote:

Carnegie set to find a buyer. 

 

Oh Dear. 🙁

An investment bank acting as their consultant to find an investor/ buyer.

Could be a good outcome yet.

Let's hope so.

Graham

Stock price +12%. Nowhere near comfortable yet though...

Why 'Oh Dear 🙁'?

They are looking for opportunities.

What else would you have expected?

MM

Any smart company is always looking for the right investors ....

vikinger wrote:

bayerische wrote:

Carnegie set to find a buyer. 

 

Oh Dear. 🙁

An investment bank acting as their consultant to find an investor/ buyer.

Could be a good outcome yet.

Let's hope so.

Graham

.... but beware of the asset strippers....

I apologize if the answer is a simple one. But let's say for the sake of argument that the worst happens. B&O is no more or it is divided up etc. What becomes of those who have purchased their products a la warranties etc. Will they still be honored and fulfilled across the globe?

I would imagine that many potential buyers of products who may have heard this news might hold off their purchases and place the company in an even more precarious position.

Why is Linn not looking for a buyer?

jc wrote:

Why is Linn not looking for a buyer?

What I'm afraid about is someone like Samsung buying them, rebranding other cheap stuff, simply replacing plastics with aluminum, and Bang & Olufsen logo where the other logo was. Example; 

Panasonic with Leica. (Although Panasonic don't own Leica)

If an Asian conglomerate buys B&O, the people in Struer better start seeking new jobs quick,  the staff in Czech too.