Brass Eagle Inc merges with K2 Inc.....

[DiRTyBuNNy]

just for clarifications sake..I don't know of many billion dollar companies that merge with a hundred million dollar company...they call that an acquisition...K2 didn't merge with BE...they acquired them in a stock swap...

[AGD]

Hummm really interesting development, I am curious to see what happens next.

AGD

[deathstalker]

The deal still needs to be approved by the shareholders (the owners of the company). It's possible, albeit unlikely, that they will reject the offer.

[DiRTyBuNNy]

it looks like SP may be in for good ol' butt whoopin if they think they are going to take on a billion dollar company and not come out with a bloody nose..

[CrashMaster]

Never thought of that but mabey Sp will try to step in the ring with K2 and get knocked out, I like that idea :) But hopefully K2 will do some re-arrangement in the way BE is run and start putting out some quailty gear. My friend had a pair of K2 skates and he loved them so hopefully that is the way BE will go.

[jwren00]

brass eagle had a $187 million market cap in 99, thats crazy. I had no idea it was that big

[lord1234]

k2 skis rock...i have a old pair of k2s that i still love..but i race on my brand new Atomic skis...

[Kevmaster]

They're using the word merger...so...I used it. And you're right...the current BE share holders COULD reject it, however, there is one independent holding comapny that holds about 50% of all BE stock--and they are in favor of it...so its 99.9% done deal.

K2 is very hands off...expect BE to run the same way they are now just with lower prices (cheaper manufacturing), more outlets (all existing K2 dealers) and more financial backing

[GT]

any bets that SP wont be knocking on BEs door?

[beam]

Called it.

http://www.automags.org/forums/showthread.php?s=&postid=987043#post987043

[E-mag-uy]

Originally posted by PyRo
Ive actually thought about playing paintball while snowboarding. It could prove rather interesting.

If u like falling down and having ur tank explode and having shards of metal or carbon fiber enter lungs and kill you... I like it, wen and wer

[DK1]

Originally posted by DiRTyBuNNy
just for clarifications sake..I don't know of many billion dollar companies that merge with a hundred million dollar company...they call that an acquisition...K2 didn't merge with BE...they acquired them in a stock swap...

actually, things like that happen. Aquisitions and mergers are hand in hand, but if they are saying merger, it's a merger. BE most likely will keep it's top execs, and in these situations, that doesn't always happen.

Look at Nations Bank. They did a merger with Bank of America. BoA lost it's top execs. It's now run by the execs and controllers of Nations, yet it's still called BoA. Turns out, Nations had tons of cash, but they weren't ready for Y2K. So they went out and got themselves a computer system... Bank of America's system.

So, this may seem to be an aquisition at first glance, and K2 may end up holding all the strings, but more likely it'll just end up with more money in all the pockets invovled, which is the point.

DK1

[Marek]

So lower prices and a chance to knock SP like a pinata. Sounds good to me.

[Twon]

K2 Snowboards are getting better, K2 skates are good, K2 Bikes are very expensive and K2 skis are junk. Made in china (wtf chinese know about skis anyways) they are not even no.1 in USA, Rossignol is. I've been in the the ski industry for 5 years are K2 have the worst customer service EVER. I worked for them last year and it took them a freakin month for my personnal order to arrive.

Twon

[SpongeBobSquarePants]

I never thought I would see that day BE was actually bought out. But it should be good for them.:)