Does the Oakley Luxottica merger effect RED at all? Are RED and Oakley completely seperate?
|
|
07-08-2007, 08:17 PM
Does the Oakley Luxottica merger effect RED at all? Are RED and Oakley completely seperate?
07-08-2007, 08:27 PM
separate company ...
i think it was a buy out = somebody has alot of CASH that could go into RED ?
07-08-2007, 09:07 PM
I think somebody already has a lot of cash, and it's going into RED. :)
07-08-2007, 11:10 PM
Oakley, if the deal goes through, was bought for more than 1 billion. Jim has a non compete clause and will stay on the board. In other words, Jim is about to spend his full time on RED and have over 1 billion dollars in cash to help fund his new love - RED. Rejoice... this is great news, as Oakley will no longer distract Jim as much. He has chosen RED as his new company.
The real question is when will Jim build a new RED building since his cool Oakley building is no longer his. (My question though, does the B-52 rocket ejection seats in the waiting room, and Jim's dragster on the wall go with the sell or will he build a new RED building to hang them in along the other relics like panavision, dalsa, arriflex, film and early digital cameras... ;-)
07-09-2007, 08:12 AM
Well All I can say is congrats. Jim and googd luck on the new ventures..
| « Previous Thread | Next Thread » |
