There is nothing sinister per se in that. Many private transactions are
structured that way for very good and important reasons. Maybe there are
contingent liabilities, potential lawsuits, employee relations, etc that
the new owners wish to be free from. Maybe the structure of the seller was
such that there were critical tax implications that made selling the
company stock disadvantageous.
I've done transactions both ways, transferring stock and transferring
assets. Neither is preferable in the abstract. That devil is always found
in the details.
Since it was a privately owned company that sold to another privately owned
company we will never know what the motivations and driving factors were in
the transaction they presumably negotiated to mutual satisfaction.
73 de W6OGC Jim Allen
On Fri, Apr 3, 2015 at 11:47 AM, Jose F Ballester <jfballester@gmail.com>
wrote:
> Important detail, RKR designs purchased the assets and trademarks, NOT
> the companies. Not good news at all.
>
> 73 de Pepe, WP3HW
>
>
>
> On Apr 3, 2015, at 10:29 AM, Ron Notarius W3WN <wn3vaw@verizon.net> wrote:
>
> I don't know all the names, but the gist of it seems to be that the (or
> one of the) subcontractors has decided to purchase the company.
>
> What I don't know is if the subcontractor was also owned (in whole or in
> part) by one or more of the owners of RFC.
>
> One does have to wonder what's going on. Is this merely a bookeeping
> matter, or is there more to the story? (And how much, if any, of that is
> any of our business... outside of wanting to make sure that Ten Tec
> continues to thrive)
>
> Interesting, to say the least.
>
> 73, ron w3wn
>
>
> On 04/03/15, Rick - DJ0IP / NJ0IP wrote:
>
> Press Release: http://tentec.com/
>
>
>
> It looks to me like it is the same group of people but now under a
> different
> business entity.
>
> Interesting.
>
>
>
> 73 - Rick, DJ0IP
>
> (Nr. Frankfurt am Main)
>
>
>
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