real-time news and commentary for investors
Tuesday, Aug 27
Thor Industries to acquire Livin' Lite
- Thor Industries (THO) acquires RV maker Livin' Lite.
- Livin' Lite has 35 models and the company's 2013 sales are projected to be $24M.
- THO CEO Bob Martin says the deal is "a solid example of executing [the company's] strategic plan to grow THO's RV presence through the acquisition of brands and technologies that complement the existing business." (PR)