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Rose Details EverGreen's Acquisition of Skyline
2014-10-09 21:12:52| Mobile Homes - Topix.net
In the wake of Wednesday's announcement that EverGreen Recreational Vehicles LLC was acquiring the RV assets of Skyline Corp., the Middelbury, Ind.-based builder is moving quickly to integrate Skyline employees and get new product to market under the EverGreen badge. Chairman Kelly L. Rose told RVBUSINESS.com that around 100 production, purchasing and salespeople working out of Skyline's RV division facilities on Indiana 15 in Bristol were "terminated," effective yesterday morning, by Skyline and were immediately hired by EverGreen.
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Cavco 'Reaffirms' its Interest To Acquire Skyline
2014-10-08 23:25:55| Mobile Homes - Topix.net
Cavco Industries Inc. issued a statement today "acknowledging" a Sept. 30 release by Skyline Corp. regarding its establishment of a board special committee to thoroughly evaluate all potential strategic proposals and other initiatives to improve its financial condition and strengthen its operations.
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Indiana Law May Shield Skyline in Takeover Bid
2014-10-01 18:21:34| Mobile Homes - Topix.net
A 28-year-old Indiana law could shield Elkhart, Ind.-based based Skyline Corp. from competitor Cavco Industries Inc.'s takeover attempt. As reported by the Elkhart Truth , the state's Control Shares Acquisition Statute, enacted in 1986, prohibits a company that acquires 20%, 33 1/3% or 50% of a target corporation's stock from obtaining voting rights in the company's affairs unless a majority of non-interested shareholders - meaning everyone other than management and the raider - vote to grant those rights.
Skyline Responds to Cavco's 'Interest to Acquire'
2014-10-01 14:33:22| Mobile Homes - Topix.net
Editor's Note: The following is an official statement from Skyline Corp. responding to Cavco Industries Inc.'s Sept. 26 announcement of its "interest in acquiring" the longtime Elkhart, Ind.-based manufactured housing and RV builder.
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EverGreen RV To Acquire Skyline RV
2014-09-29 00:34:13| Mobile Homes - Topix.net
Skyline Corporation has signed a letter of interest for Middlebury, Indiana-based Evergreen Recreational Vehicles LLC to acquire substantially all of the assets of Skyline's Recreational Vehicle Division. "I am very excited to be acquiring the RV Division from Skyline," stated Kelly L. Rose, chairman of the board of Evergreen Recreational Vehicles.
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rv
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