Meade buyout

[alpharipper (Andrew)]

http://finance.yahoo.com/news/meade-instruments-corp-terminates-joc-202132145.html

[ZeroID (Brent)]

Well, it hasn't dissappeared completely anyway. Maybe it will be reborn anew.

[PeterM]

Seems this is the bidder

http://www.telescope-binoculars.com....AG5AG21&xpos=0

[bigjoe (JOSEPH)]

Originally Posted by PeterM

Seems this is the bidder

http://www.telescope-binoculars.com....AG5AG21&xpos=0

Sad,as this company seems to be obssessed with magnification of image and little else.

[tlgerdes (Trevor)]

No different than Meade's focus on magnification of their share price for the buyout.

Looking at the heritage of the prospective buyers, JOC seemed to have better credentials to keep the brand going.

[bigjoe (JOSEPH)]

Originally Posted by tlgerdes

No different than Meade's focus on magnification of their share price for the buyout.

Looking at the heritage of the prospective buyers, JOC seemed to have better credentials to keep the brand going.

Indeed! JOC would have been far, far better,having supplied Meade with quality products for quite some time.Cheers

[tlgerdes (Trevor)]

Then again, from a business perspective, a great way for the new owner to accelerate their business objectives.

To come into a market with very little credentials and try to make a premium product without heritage is very hard. Buying a name like Meade, which has had in the past a good name and brand recognition, can lift your company perception dramatically

[Don Pensack]

If you'd like to read about the whole saga of Meade's demise and possible sale, read all the posts here:
http://www.cloudynights.com/ubbthrea...t=1&PHPSESSID=