Newps wrote:
Robert M. Gary wrote:
It's a myth that any company is bought to simply liquidate it. Doesn't
happen. Never makes financial sense. What the buyer may do is sell the
units that are not core to the business. So take Raytheon as an
example. Is Beech a core business for them or does it simply drain
company resources?

It does, but not with companies large enough to understand finance. I
never implied they bought it to liquidate it, I suggested they may have
bought it for the dividend value of parts.



The whole thing is sad. The fact that Piper beat Beech to announce a
jet tells you something.



Hello? Beech has had a jet for a long time. Or did you mean a newer
jet design?

Light Jet to compete with all the Baron and King Air sales they will
lose.

-Robert