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View Full Version : Penske Buys Saturn


Andyg
06-05-2009, 01:37 PM
Penske Buys Saturn (http://finance.yahoo.com/news/GM-to-sell-Saturn-brand-to-apf-15450535.html)


Hopefully he isnít mortgaging MasterCraft off to buy it.

trunderw
06-05-2009, 04:14 PM
I saw that on CNN; I wonder if we'll get a Saturn branded boat...

PendO
06-05-2009, 06:04 PM
Penske Buys Saturn (http://finance.yahoo.com/news/GM-to-sell-Saturn-brand-to-apf-15450535.html)


Hopefully he isnít mortgaging MasterCraft off to buy it.

actually, I had a guy tell me that the bondholders from his MC transaction were still waiting for their most recent quarterly interest payments ... true?

JohnE
06-05-2009, 06:09 PM
actually, I had a guy tell me that the bondholders from his MC transaction were still waiting for their most recent quarterly interest payments ... true?


I might have heard rumblings about that, too but also heard it's been taken care of.

stuartmcnair
06-08-2009, 11:31 AM
no to a Saturn boat but I heard MC was going to use the Saturn powerplants for all new boats....

3event
09-30-2009, 06:17 PM
Saturn-Penske deal falls through... Penske couldn't get the deal done for another mfr to build the cars. Now GM will kill the brand off. Wow.....

http://www.foxnews.com/story/0,2933,558180,00.html