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Old 09-06-2013, 02:35 PM   #11
Comp 798
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Default Re: MSD files for bankruptcy

Statement from MSD.....

http://www.msdperformance.com/defaul...393&blogid=429
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Old 09-06-2013, 08:17 PM   #12
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Default Re: MSD files for bankruptcy

Quote:
Originally Posted by Chad Rhodes View Post
It's just proof that 1320racer is a moron
More like a boil on the *** of class racers.
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Old 09-06-2013, 08:37 PM   #13
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Default Re: MSD files for bankruptcy

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Originally Posted by 1320racer View Post
big news in our world but not really surprising given the companies in the performance industry that have filed, been bought out or folded over the past decade.

Further proof that drag racing is on life support.
how about all the circle track guys?
they use a LOT of MSD stuff, off-road guys too.
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Old 09-06-2013, 09:49 PM   #14
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Default Re: MSD files for bankruptcy

If the truth were known, I'd say obamacare had a little something to do with their thought process.
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Old 09-07-2013, 04:01 AM   #15
David Lee
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Default Re: MSD files for bankruptcy

Did not MSD get sold to a private equity firm Coutant Capital Associates a few years ago? They most likely bled off the profits and let the company go into financial problems.
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Old 09-07-2013, 11:05 AM   #16
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Default Re: MSD files for bankruptcy

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Did not MSD get sold to a private equity firm Coutant Capital Associates a few years ago? They most likely bled off the profits and let the company go into financial problems.
Yes, they did. Along with Superchips Inc & a few others. Taken over by bean counters is never a good thing.
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Old 09-07-2013, 11:07 AM   #17
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Default Re: MSD files for bankruptcy

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Originally Posted by Ed Fernandez View Post
More like a boil on the *** of class racers.
Except he is not a class racer. Just a bracket racer. No rules, just a shoe polish bottle.
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Old 09-07-2013, 11:21 AM   #18
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Default Re: MSD files for bankruptcy

Is this not the same thing that happened to Crane Cams? If so why didn't Drag Racing fail?

Just a thought.

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Old 11-21-2013, 09:59 AM   #19
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Default Re: MSD files for bankruptcy

settlement reached:
Law360, Wilmington (November 20, 2013, 10:30 PM ET) -- Bankrupt auto parts maker MSD Performance Inc. announced Tuesday that it would sell itself as a going concern to Z Capital Partners LLC, having accepted the private equity firm's $78 million offer.

The Texas-based parts maker, which had been aiming to sell itself through a Section 363 auction, tapped Z Capital as the winning bidder after the firm was the only party to submit a qualified offer by Monday's bid deadline, according to a notice filed in Delaware bankruptcy court.
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Old 11-22-2013, 06:58 PM   #20
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Default Re: MSD files for bankruptcy

https://www.zcap.net/
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