Thursday, April 26, 2007

Quote of the Week

“I would say that as the K2 management team, if we were going to pick two businesses that we thought would be perfect fits for us in the retail channel and give us the kind of leverage we'd want to have in that channel, they were Coleman and Pure Fishing and we tried to buy them both and just didn't have the capital structure to do it,” said K2 Chairman, Dick Heckman. “Because they were such good fits with us and such good fits with what the retailers really want. The retailers want bigger, stronger, fewer vendors and they want quality branded vendors, and the conversations that I had yesterday were very positive.”

No comments: