On 5/14/10 7:39 PM, Tim wrote:
On May 14, 4:55 pm, wrote:
Raymarine Plc sold to FLIR Systems, Inc.
Raymarine plc (the "Company"), a global leader in the supply of
electronic products to the leisure marine market, has today reached
agreement to sell its shares in Raymarine Holdings Limited to a
subsidiary of FLIR Systems, Inc. ("FLIR") a world leader in thermal
imaging products. The sale represents the entire business operations of
Raymarine and its subsidiaries.
- - -



Harry, is that good or bad? I'm not familiar with either company or
their products.



Who really knows? The shares of Ray were almost worthless, according to
the documentation I saw. To me, at least, buyouts are not usually good
for fans of the bought-out company. Ray was a pretty decent maker of
boater electronics. I know what "FLIR" is, but I don't know anything
about FLIR systems.



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