Posters,
The story I heard,from listening to Jean Davidson speak at a seminar some years ago,was that back before AMF,HD was a privately held company.
The Davidson family (kids,grandkids,shoe-string cousins etc.) had grown to a point,& most of them had no interest in having anything to do with operating the MoCo.
They just wanted they're share of the $$$,of which nobody could agree what the worth was.(remember,privately held Co.earnings do not have to be made public) so,they went looking for a suitor.
I can't remember exactly,but I believe there were 3-4,& there was a bit of family disharmony of which deal was best (remember,this was the 60's, a time for agonizing reappraisal!)
An agreement was finally reached with AMF (publicly held Co.with stocks,bonds that could be divied out to the family) because they made the best offer,at least one that the family could agree on.
Anyway,thats the way I heard it, if anyone else can add or dispel that info,I'm all ears!
The story I heard,from listening to Jean Davidson speak at a seminar some years ago,was that back before AMF,HD was a privately held company.
The Davidson family (kids,grandkids,shoe-string cousins etc.) had grown to a point,& most of them had no interest in having anything to do with operating the MoCo.
They just wanted they're share of the $$$,of which nobody could agree what the worth was.(remember,privately held Co.earnings do not have to be made public) so,they went looking for a suitor.
I can't remember exactly,but I believe there were 3-4,& there was a bit of family disharmony of which deal was best (remember,this was the 60's, a time for agonizing reappraisal!)
An agreement was finally reached with AMF (publicly held Co.with stocks,bonds that could be divied out to the family) because they made the best offer,at least one that the family could agree on.
Anyway,thats the way I heard it, if anyone else can add or dispel that info,I'm all ears!
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