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Old 11-28-2017, 11:12 PM   #21
prev1
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They are not going out of business, just changing owners to come out stronger.

The article didnt say how they becase so debt ridden, maybe throigh acquisitions?

This happens often and many companies come out just fine, though some dont. They are making money, just not enough to pay the interest. New msnagement is also likely, hand picked by the owners to rebuild its value.
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Old 12-04-2017, 07:51 AM   #22
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They are making money, just not enough to pay the interest.
That makes about as much sense as the famous joke "we lose money on every sale but we make it up in volume" If you can't pay the interest then you're not paying the principle which means the debt is increasing. Not enough money to cover your bills is called losing money, unless you're on wall street I suppose.
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Old 12-04-2017, 08:43 AM   #23
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there is some truth to that statement. If the manufacturer is giving bonus for selling x number of units, then you can lose some money upfront
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Old 12-04-2017, 09:37 AM   #24
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there is some truth to that statement. If the manufacturer is giving bonus for selling x number of units, then you can lose some money upfront
Doesn't work that way in the power sports world. No bonus money, invoice is real, and there's 3% advertising holdback. NOTHING like the car business.
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