sunchaser
Guru
- Joined
- Apr 9, 2008
- Messages
- 10,197
- Location
- usa
- Vessel Name
- sunchaser V
- Vessel Make
- DeFever 48 (sold)
Lets be frank here, business 101 is at play. Navionics is a privately held Italian company whose owners were looking to bail out. Monetizing one's assets is not unusual at all. Italy's economy is in tatters and who knows what the owner's situation was leading them to voluntarily sell.
Maybe just maybe, they've been on the block for awhile and Garmin was the last best hope vs worse alternatives? Garmin is a public company and will likely post the terms of the deal in a filing. Then we may know more.
Maybe just maybe, they've been on the block for awhile and Garmin was the last best hope vs worse alternatives? Garmin is a public company and will likely post the terms of the deal in a filing. Then we may know more.