Archived posting to the Leica Users Group, 2006/02/18
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Rei, But what Leica does have is unparalleled knowledge in optical design and precision manufacturing. If the point of acquiring a controlling interest was to harvest the assets, then this expertise could be rented out much as the various consulting groups harvest windfalls from anxious companies that either need help or cover. Actually, I suspect that this was a means of stabilising Leica, keeping it safe from purchase. What did the controlling stake cost <10 million euro? Chump change for many. Don don.dory@gmail.com On 2/18/06, Rei Shinozuka <shino@panix.com> wrote: > > from what i've learned in b school, the acquirer may purchase a business > with the intention of "harvesting" its assets, or "unlocking value", > either of which is usually discomforting to the acquiree. but this > dire fate is more logically the fate of a business without investment > opportunities sitting on large amounts of cash or securities, holding > assets such as real estate which can be liquidated, or divisions which > may be spun off. > > it's hard to see leica being that type of takeover candidate, which is > a good thing. > > -rei > > > > On Feb17 22:05, lrzeitlin@optonline.net wrote: > > <<Leica Camera AG reported today [jan. 17] that its second-largest? > investor > > now holds slightly more than 50 percent of the company --a sign that a? > major > > insider has confidence that Leica will prosper...>> > > > > Not necessarily. I suggest you rent the movie "Other People's Money." > > > > Larry Z > > -- > Rei Shinozuka shino@panix.com > Ridgewood, New Jersey > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information >