Bikes and Sharpie Company in Trouble?

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erdnasephile
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Joined: January 17th, 2008, 12:00 pm

Bikes and Sharpie Company in Trouble?

Postby erdnasephile » May 5th, 2018, 1:48 am

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.

Jeff Haas
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Location: San Mateo, CA

Re: Bikes and Sharpie Company in Trouble?

Postby Jeff Haas » May 5th, 2018, 2:02 am

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.

Bob Farmer
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Re: Bikes and Sharpie Company in Trouble?

Postby Bob Farmer » May 5th, 2018, 9:36 am

First Gibson goes bankrupt and now this. I've picked the wrong hobbies, guitars and magic.

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Richard Kaufman
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Re: Bikes and Sharpie Company in Trouble?

Postby Richard Kaufman » May 5th, 2018, 11:01 am

USPCC has been sold and resold a number of times in recent decades. Their financial troubles are not new.
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