Beechcraft sold

Robert M. Gary writes:

If it was a zero sum game, no reasonable company would bother merging
or buying another.

It is indeed a zero sum game. What people in the financial world try
to do is shift the money away from others and towards themselves.
They don't actually produce anything in the process. When they win,
someone loses.

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Mxsmanic wrote:

Whenever a company buys another company for pure purposes of financial
gain, the company acquired usually suffers and often disappears. This
is probably very bad news for Beechcraft.


What other sound reason is there to buy an ongoing business? 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.

F--

TxSrv writes:

What other sound reason is there to buy an ongoing business?

Interest in the business.

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.

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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--

TxSrv writes:

Hey moron, investors in big companies here are not romantic about
their company's products.

That depends on the investor.

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