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Topic: Did Harley pay MV's former owners to take it back?  (Read 373 times)
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Baz
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« on: August 10, 2010, 11:34:20 PM »

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Motorcycle maker Harley-Davidson completed the sale of MV Agusta, its sport-bike business based in Varese, Italy. The company’s announcement didn’t include the sale price but its 8-K filing with the Securities and Exchange Commission revealed the company essentially paid MV Agusta’s former owners to take it back.



Story here....

http://blogs.wsj.com/drivers-seat/2010/08/10/did-harley-davidson-have-to-pay-buyer-to-unload-its-sport-bike-unit/
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« on: August 10, 2010, 11:34:20 PM »
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Rincewind
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« Reply #1 on: August 11, 2010, 05:47:33 AM »
"In the filing Harley said it “contributed 20 million Euros to MV as operating capital” that was put in escrow and is available to the buyer over a 12-month period."

I really don't understand how this all worked. EEK! Confused  

I should go to a HD dealer and ask them to pay me to ride their new XR1200X - they might fall for it.
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