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  1. #1
    Member
    Join Date
    Jun 2009
    Location
    Beauregard, Alabama
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    4,175

    Briggs and Stratton Bankruptcy

    I have not been following Briggs. Was surprised to see them file for Bankruptcy and then the planned purchase by private equity.

    Not sure how this will change the fate of the company. Will they grow by aquiring more companies or be sold off in pieces?

  2. Member
    Join Date
    Jun 2018
    Location
    Tucson, AZ
    Posts
    2,159
    #2
    Quote Originally Posted by Charles Prestridge View Post
    I have not been following Briggs. Was surprised to see them file for Bankruptcy and then the planned purchase by private equity.

    Not sure how this will change the fate of the company. Will they grow by aquiring more companies or be sold off in pieces?
    I bought at $1.90 and sold at $1.24 taking it on the chin. It ultimately went down to the $.70 range in the past few days, so I figured there must be something coming...
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  3. Member
    Join Date
    Jun 2009
    Location
    Beauregard, Alabama
    Posts
    4,175
    #3
    Glad you got out before the bankruptcy.

    I had not been tracking them and was surprised by the news.

  4. Member
    Join Date
    Mar 2014
    Location
    Arkansas
    Posts
    6,934
    #4
    Dang I wasn’t in it but I hate to hear that