Quote:
Originally Posted by Jimbo56
Probably the same thing as happens with other closely held companies. Dads too old. Gifts stock to the kids. Kids see lump sum value and have no want or desire to “work” and feel pride about something. They sell out. Take their lump sum. Go to Costa Rica and live on umbrella drinks till the money runs out. I feel Tiffin will actually improve some of Thor’s quality problems.
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Actually Tiffin needed money for innovation, capital for facilities and access to capital to stay in business.
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