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[i]Newsflash[/i] LIONEL Tenders Offer to Purchase MTH.

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[i]Newsflash[/i] LIONEL Tenders Offer to Purchase MTH.
Posted by Anonymous on Friday, July 9, 2004 8:49 AM

that got your attention!

We have been speculating endlessly here on this forum about MTH taking control of Lionel, but it is more likely that Lionel will just buy MTH.

Look Lionel may have to pay $40 Mil or so in the settlement, so Well Springs figures we might as well get somethng for those dollars!. They might just say to MTH's creditors here's $50 Mil for your interest in MTH. With a controlling share of MTH , Well Springs gets MTH to just drop the lawsuit against Lionel or settles out for much much less. It has happended before, when smaller compaines get large awards from much bigger companies.

Assuming that the AntiTrust Division of the Justice Dept. Okays the purchase and the FTC has nothing to say about it too; that may be the best course for Lionel.


Alan
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Posted by nblum on Friday, July 9, 2004 11:16 AM
I doubt there is a snowball's chance in heck that Mike Wolf, the sole owner of MTH as far as I know, would agree to sell the business he has spent the last 25 years+ building, to anyone, much less the owners of Lionel, some of whom he is reported to dislike with great passion. There are many folks in the hobby that believe his major goal since the early 1990s has been to humble Lionel and acquire the company name for his own use.
Neil (not Besougloff or Young) :)
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Posted by bobblaisdell on Friday, July 9, 2004 11:25 AM
Yes, that will happen as soon as Coca-Cola buys Pepsi, GM buys Ford, IBM buys Microsoft and OJ finds the real killers. [;)]
Bob Blaisdell
Bob Blaisdell
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Posted by ChiefEagles on Friday, July 9, 2004 11:47 AM
You all crack me up. [:D][:D][:D][:D][:D]

 God bless TCA 05-58541   Benefactor Member of the NRA,  Member of the American Legion,   Retired Boss Hog of Roseyville Laugh,   KC&D QualifiedCowboy       

              

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Posted by Anonymous on Friday, July 9, 2004 12:33 PM
A couple of major MTH dealers told me that Mike Wolf isn't the sole owner of MTH. Tony Lash has a heavy financial interest in MTH. The lawsuit will benefit them both.

M. DONALDSON
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Posted by macdannyk1 on Friday, July 9, 2004 1:58 PM
...and Apple buys Dell...
:)
Dan Member and Webmaster, Golden State TTOS
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Posted by nblum on Friday, July 9, 2004 3:52 PM
Well, Tony has been asked publicly on many occasions whether he has a financial interest in MTH and to my knowledge, he has always denied that. The dealers' comments may just represent unfounded rumor or urban legend that understandably developed because of the close friendship between the two men.
Neil (not Besougloff or Young) :)
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Posted by barrister2u on Friday, July 9, 2004 4:31 PM
who's tony lash?
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Posted by Anonymous on Friday, July 9, 2004 4:50 PM
According to reliable sources, Tony is a major financial backer of Mike Wolf. He has a trash hauling route in Washington DC. He seems to have all of the MTH inside information.
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Posted by spankybird on Friday, July 9, 2004 5:30 PM
check out his web site

http://www.tonylashexpress.com

I am a person with a very active inner child. This is why my wife loves me so. Willoughby, Ohio - the home of the CP & E RR. OTTS Founder www.spankybird.shutterfly.com 

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Posted by Anonymous on Friday, July 9, 2004 6:44 PM
And the Red Sox buy the Yankees

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