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Doug Meredith
 
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Default Bombardier sells rec vehicle business


"Larry W4CSC" wrote in message
...
Looks like SeaDoo is toast, doesn't it?

Maybe they can get rid of those queer, crappy, Austrian 2-strokers
with the rotating valve nonsense this way......




Considering that they sold it to the family that founded the company,
and invented the first snowmobile, its unlikely that they are gonna
change or dump the number one selling line of PWC's. As far as Rotex
engines go, its highly unlikely to change. These engines are
bulletproof, and have been used in ski-doo's for ever with great
results.










On 27 Aug 2003 11:17:51 -0700, (Curtis CCR)
wrote:

Bombardier sells recreational unit to investors

MONTREAL (AFP) - Canadian conglomerate Bombardier announced it was
selling its recreational products division to a group of investors
including members of the group's founding family.

The deal will raise 1.225 billion dollars (870 million US) for the
company, which is now concentrating on aircraft and railroad
equipment.

The family of company founder Armand Bombardier, who launched the
company and created the Ski-Doo snowmobile, will own 35 percent of

the
recreational products group, with 50 percent owned by US-based Bain
Capital and Quebec's Caisse de depot the remaining 15 percent.


http://story.news.yahoo.com/news?tmp...27/wl_canada_a
fp/canada_bombardier_030827151718


Larry W4CSC

Isn't it becoming more practical by the day to make
Iraq's desert the new World Nuclear Waste Disposal Site?