on 3/23/01 12:25 PM, [EMAIL PROTECTED] at [EMAIL PROTECTED]
wrote:
> but I'm more
> interested to see how Adkison's alt.corporation attitude morphed into the
> decision to sell to Hasbro.
>From a conversation I had with him on a visit in Seattle, not long before
the deal was announced, he said his #1 job was "liquidity." That is,
finding a way to let people who had hung on as shareholders for years to
cash out, buy houses, diversify their investments, etc. If it hadn't been a
buyout, it might have been an IPO. And, heck, if they'd had an IPO, they
might just have been bought out anyhow. (Avalon Hill was publicly traded,
in the form of Monarch Avalon (NASDAQ: MAHI) prior to its acquisition by
Hasbro.)
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John Nephew voice (651) 638-0077 fax (651) 638-0084
President, Atlas Games www.atlas-games.com
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