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  1. #1
    Ridin' and Guidin' Timmi's Avatar
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    Textron buys arctic cat

    Defense contractor Textron is buying the UTV, ATV and snowmobile manufacturer Arctic Cat in a deal valued at about $247 million. Textron said Wednesday that it will pay $18.50 per Arctic Cat share, a 41 percent premium to its Tuesday closing price. The transaction also includes debt, though no exact figure was provided. Arctic Cat Inc. will be folded into Textron’s Specialty Vehicles Group, but the brand, as well as its manufacturing, distribution and operational facilities, will be maintained. The Minneapolis company employs around 1,600 people.

    With Textron Specialty Vehicles group acquiring Arctic Cat, expect many new sporty UTVs from Bad Boy Off-Road, which recently went loud with its 80-Hp Stampede 900 and Stampede XTR.



    Arctic Cat joins a stellar cast of companies under the Textron umbrella, including Bell Helicopters, Cessna, Beechcraft, EZ-GO Golf Carts, V-22 Osprey and Tug airport operations vehicles.
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  2. #2
    Hopefully this will be good.
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  3. #3
    Most Senior member SteveS's Avatar
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    So, there will soon be a deal offered, where you can get a free Osprey to convey your new AC off road vehicle to the top of the mountain that you are going go down from? That would be a great package deal, eh?
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  5. #4
    I had to look up what and Osprey was. Then I had to look up textron Osprey, LOL.
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  6. #5
    Ridin' and Guidin' Timmi's Avatar
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    my wife makes electronics for the V-22 Osprey

    she was flown to New Jersey all expenses paid to work on one

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  7. #6
    in knee deep Snorider's Avatar
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    Quote Originally Posted by therebel19 View Post
    I had to look up what and Osprey was. Then I had to look up textron Osprey, LOL.
    they are cool as hell. my buddy used to be on the Thunderchickens.
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  8. #7
    Ridin' and Guidin' Timmi's Avatar
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    only airplane I have ever seen back up

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