Thread: Beechcraft sold
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Old December 23rd 06, 01:19 PM posted to rec.aviation.piloting
TxSrv
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Posts: 133
Default Beechcraft sold

Mxsmanic wrote:
TxSrv writes:
...
For the pure fun of it? Just to be able to say, we own a company
which makes actual airplanes which fly. Net profit (ROIC)...who
cares.


Exactly. And some acquisitions are like that. But not with companies
like these. They have no romantic attachment to aviation, and if they
can gut Beechcraft to make more money faster, they will.


Hey moron, investors in big companies here are not romantic about
their company's products. Raytheon, present owner of Beech, is a
Fortune 500 company. However, if some aviation-romantic
individual or group thereof came along with $3.4 billion cash, I
imagine Raytheon would have sold to them.

F--