Is Textron selling Arctic Cat to John Deere?

[journeyman]

OPINION: Amid Signs Of Optimism, Don't Write Off Arctic Cat | SnowGoer

Despite the gloom, we're convinced that Arctic Cat and its snowmobiles do have a future. Look close and you'll see real signs of life.

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More news..........

 

[journeyman]

Take this for what it’s worth. Someone from Thief Rivers Falls, Mn posted today that his buddy worked at the plant and he told him that Argo is buying the sled side and Tao is buying the wheeler side, an Asian company that sells knock off atv’s and stuff like that.

At least the drama and stories are much alive.

 

[rbig18]

I could see Argo doing it for dealer expansion in prime sled/atv areas. They would have to believe the yearly loss on the sled side would be more than offset by the growth on the ATV side as the sled business for all makes loses money. Tao Tao buying the dirt side would sure make them the new CF Moto want-to-be.

 

[journeyman]

I could see Argo doing it for dealer expansion in prime sled/atv areas. They would have to believe the yearly loss on the sled side would be more than offset by the growth on the ATV side as the sled business for all makes loses money. Tao Tao buying the dirt side would sure make them the new CF Moto want-to-be.

When I read this I had to look Tao up, I didn't even know who they were. So many stories going around. But as the last article says, it takes awhile to get all the legalities shored up if a sale is taking place.