Blue Bird Sale Again

[davidbrady]

CCW was certainly swimming with the sharks and most likely out of their league when negotiating the purchase of Wanderlodge with Cerberus. I wonder if they knew they were purchasing the liabilities of the legacy M450's? Can you imagine buying any RV company and willfully assuming warranty claims? Those losses can be limitless given the junk that most manufacturers sell. I can only imagine the legal team required to safely make a purchase from Cerberus. The recent purchase of BB from Cerberus and the strange "blank check" company required to pull it off and recreate BB as a public company is a case in point. Why not follow the usual path of a public IPO? I agree, the M450 debacle and associated lawsuits loom large in the failure of CCW's Wanderlodge acquisition. In any case, CCW may have been poorly equipped to purchase and own Wandlerlodge and Cerberus may have found the perfect buyer!