According to reuters.com it appears that AM General may be up for sale again. Who wants to create a pool and buy it :)? Wouldn’t that be nice, but not likely. Maybe one day, but not today.
According to Reuters: Potential bidders include competitors in the military ground vehicle market, such as General Dynamics (GD.N), Oshkosh Corp (OSK.N) and BAE Systems PLC (BAES.L) according to two people familiar with the matter. Auto makers like FIAT Chrysler (FCHA.MI) and General Motors Co (GM.N) may also be potential buyers, one of the sources added.
What do you think this mean for the private market? Is this a good thing or a bad thing, leave a comment and voice your opinion.
Let’s keep our eyes and ears close and see how this plays out.