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Old 10th Mar 2007, 20:42
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Truckster
 
Join Date: Apr 2005
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One aspect of this deal is worth some thought. The history of these buyouts has been that private equity picks a company that is struggling, buys it out, kick out the current management and proceeds to administer the strong medicine required.

I just wonder why no-one has commented on the fact that the story, apparently, is that APA arrived out of the blue to attempt a takeover of a company that was already profitable and by some magic quirk of fate found "The Dixon Plan" so appealing that they shelved any plan they may have had and are now fully behind what management had in train anyway.

What a crock!

I don't know about Marge but Dixon is in this up to his neck.
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