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Search took 0.00 seconds. Search: Posts Made By: Stumble
Forum: Multihull Sailboats 03-05-2016, 18:42
Replies: 18
Views: 4,158
Posted By Stumble
Re: Outremer Bids for Gunboat

No GB was selling boats pretty easily, the problem is they couldn't manage the build times. Construction time lines were all substantially delayed, nothing was coming out of the shop on time,...
Forum: Multihull Sailboats 03-05-2016, 10:59
Replies: 18
Views: 4,158
Posted By Stumble
Re: Outremer Bids for Gunboat

I am not sure I think it was all bad management, but that PJ was never happy with the boats they designed. Every boat in a series was heavily modified, and the duration of a series was too short....
Forum: Multihull Sailboats 02-05-2016, 20:39
Replies: 18
Views: 4,158
Posted By Stumble
Re: Outremer Bids for Gunboat

Andrew,

It isn't a question of if they will, Outreamer made a bid, and bought up debt to increase the likelyhood they would win with their bid.

The only question now is what are their plans...
Forum: Multihull Sailboats 02-05-2016, 14:54
Replies: 18
Views: 4,158
Posted By Stumble
Re: Outremer Bids for Gunboat

I think there is a good bit worth buying. The boat molds alone are worth hundreds of thousands dollars. Obviously there is a lot of debt, and probably no or little AR, but the brand itself is worth a...
Forum: Multihull Sailboats 02-05-2016, 08:02
Replies: 18
Views: 4,158
Posted By Stumble
Re: Outremer Bids for Gunboat

I am pretty sure that the bid has already been accepted. In part Outreamer bought up a lot of Gunboat debt, so they got to vote to accept their own bid.

I think this could be a great merger....
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