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#1 |
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Aspiring Rapper
Join Date: Nov 2008
Location: Halifax, NS
Moto: '12 CB1000R
Posts: 3,569
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HD ended up paying somebody a bunch of money to take ownership...
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#2 |
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token jewboy
Join Date: Nov 2008
Moto: CBR 900, KLR ugly ass duckling, Gas Man
Posts: 10,799
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HD sold it back to the last owners, they had no choice because MV at the time was in massive debt (when HD bought it, it was in the black), HD hadn't paid the people they bought it from the final payment yet, which gave the family the option of buying it back for a super low amount, and was ablt to basically start over with a company with a ton of cash on hand, no debt, and fresh designs for new bikes.
See page 49 of the June issue of Sport rider for the full story with a ton more interesting info.
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