View Single Post
Old 03-05-2013, 10:32 PM   #15
somebody shut me the fark up.
caseydog's Avatar
Join Date: 07-08-10
Location: Texas

It is hard to predict what Weber will do, as the Stephens family sold majority ownership of Weber to a private equity firm. So, Weber will have to do whatever it has to to make lots money for the partners in the private equity firm. I hope that this private equity firm isn't like Bain Capital, and hasn't taken out huge loans against Weber assets that can not be paid back, in order to fatten the wallets of the private equity investors, forcing Weber into bankruptcy, but this is 2013, and that is how the big money is made these days.

IMO, it is a 50-50 split. The private equity firm will definitely want make a ton of money, but it is 50-50 whether they will decide to kill the company to make that money. I honestly hope they don't do that.

caseydog is offline   Reply With Quote

Thanks from:--->