Worr bought by K2

[Prairie]

Second company now to be bought by K2...

http://www.flagpull.com/news.php?extend.243

[Miscue]

.....

[TheTramp]

Holy sheep poop!

[thei3ug]

you know, for YEARS there's been april fools jokes, random rumors that spread like wildfire about BE buying out WDP/WGP/AGD..

and jeebus, am I reading this right?

This is really surreal.

http://biz.yahoo.com/rc/040420/retail_k2_2.html

[personman]

Haha cockers are now officially a 'wal-mart gun'

[nuclear zombie]

Haha cockers are now officially a 'wal-mart gun'

yeah which means they will sell millions of them .

the news is on worr's site as well. http://www.armyoforr.com/news.html

[cledford]

Hmmm, Not a good move on K2's part - but awsome for Bud. I just think Cockers are WAY to complicated (and easy to screw up) to be Walmart guns. I'm not saying anything bad about them - I own 2 - but don't see the cocker as a platform that will do well in the mass market enviroment.

It'll be interesting to see how this all works out.

Anyhow, best regards to Bud Orr - I'm sure it was a great deal for him.

-Calvin

[Major Jam]

Holy crap! I'll bet Bud held out for a pretty penny on that one.

[manike]

I believe Bud has been wanting to get out for a while to work on his Custom Motorcycles.

Can't wait to find out what they paid for WGP.

[logamus]

wow, isnt that an intresting turn. i have a feeling though that we wont be seeing cockers in walmarts anytime soon though.

[WickeDKlowN]

That's insane, I wonder if WGP's quality will go down the toilet now? Like JT and VL's did

[Prairie]

The purchase price for the two transactions consisted of a combination of K2 stock, cash, and the pay-off of certain debt. On an annualized run-rate, total sales for the two acquired companies are estimated at approximately $25 million in the next 12 months. The transactions are expected to be EPS neutral in 2004 and accretive to

[Jackel411]

Wow... cool.. I have more fodder for squids with cockers... " Hey.. You have a brass eagle cocker "

Soon to come.. the all plastic cocker hehe..

[AcemanPB]

Hmmm, Not a good move on K2's part - but awsome for Bud. I just think Cockers are WAY to complicated (and easy to screw up) to be Walmart guns. I'm not saying anything bad about them - I own 2 - but don't see the cocker as a platform that will do well in the mass market enviroment.

It'll be interesting to see how this all works out.

Anyhow, best regards to Bud Orr - I'm sure it was a great deal for him.

-Calvin

My thoughts exactly

[Major Jam]

You know, Bud Orr and Tom Kaye have been icons for me in paintball.

I wonder if AGD is next on the K2 acquisition list?

Everything is for sale for a price.