Analysts with Robert Baird are out with a note tipping off that Winnebago (WGO) could face...


Analysts with Robert Baird are out with a note tipping off that Winnebago (WGO) could face pressure to consider strategic alternatives. Last month, the company scoffed at an $11 offer from North Street - a bid that may look pretty good in hindsight after recent economic reports suggest the economy is not quite ripe for discretionary RV buying by consumers.

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  • MexCom
    , contributor
    Comments (3066) | Send Message
     
    Right. Gas prices are low and people booted out of their foreclosed homes may be buying as a housing alternative. Also temporary housing for people vacating the Western fires. Low interest rates and tax deductibility are incentives for their luxury lifestyle alternative.

     

    Management rejected a low ball offer at $11 - obviously we think its worth a lot more!
    15 Jun 2012, 09:28 AM Reply Like
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