I'm no financial analyst, but I thought this article https://www.wsj.com/articles/a-megadeal ... OGtA%3D%3D
was of interest because this merged company owns 2 brands near and dear to us: USPCC and Sharpies.
Bikes and Sharpie Company in Trouble?
Re: Bikes and Sharpie Company in Trouble?
From my reading of the article, what's likely to happen is that the combined company will sell off several of the brands as it tries to raise cash and straighten out its situation going forward. Time will tell if that includes Bicycle and Sharpie.
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Re: Bikes and Sharpie Company in Trouble?
First Gibson goes bankrupt and now this. I've picked the wrong hobbies, guitars and magic.
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Re: Bikes and Sharpie Company in Trouble?
USPCC has been sold and resold a number of times in recent decades. Their financial troubles are not new.
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