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.
" White Shadow " Wolverine X2
JBS Performance Extreme Sheave
JBS Performance Suspension Springs
Team Alba Racing ECU
Rigid Side Shooter Led
Yamaha Cab Enclosure
Bazooka Party Bar
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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...... 2004 660 Camo, "Rhino". And now, also a Wolverine X4. "Wolfy".
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| Two roads diverged in a wood,
| I took the one less traveled by....
| Oh, Oh .
| .............
| ...............
| ............... #
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she was flown to New Jersey all expenses paid to work on one
" White Shadow " Wolverine X2
JBS Performance Extreme Sheave
JBS Performance Suspension Springs
Team Alba Racing ECU
Rigid Side Shooter Led
Yamaha Cab Enclosure
Bazooka Party Bar
" White Shadow " Wolverine X2
JBS Performance Extreme Sheave
JBS Performance Suspension Springs
Team Alba Racing ECU
Rigid Side Shooter Led
Yamaha Cab Enclosure
Bazooka Party Bar
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