Beechcraft sold

Local radio announced today, Raytheon selling Beechcraft
Goldman-Sachs/ONEX group for about 3 billion dollars.

Onex, partner buy company for $3.3 billion
http://www.kansas.com/mld/kansas/16290414.htm
Union official says sale 'will be seamless'
Eagle staff and news services
Wichita-based Raytheon Aircraft, on the market since July,
was sold today for $3.3 billion to a partnership formed by
Onex and Goldman Sachs. The new company will be called
Hawker Beechcraft Corp. The deal is expected to close in the
first half of 2007. Raytheon Aircraft employs about 6,300
people in Wichita.
www.kansas.com Wichita Eagle newspaper source.




"Jim Macklin" wrote
in message ...
| Local radio announced today, Raytheon selling Beechcraft
| Goldman-Sachs/ONEX group for about 3 billion dollars.
|
|
|

Jim Macklin wrote:
Local radio announced today, Raytheon selling Beechcraft
Goldman-Sachs/ONEX group for about 3 billion dollars.

Gee who made that mistake? I'd like to see the King Air sales guy try
to talk a customer out of buying an Eclipse or why he should pay more
than a million for a Baron. Raytheon found a good time to sell.

-Robert

"Jim Macklin" wrote in message
...
Local radio announced today, Raytheon selling Beechcraft
Goldman-Sachs/ONEX group for about 3 billion dollars.




Isint Raytheon in the middle of a strike right now????

Yep, and doesn't "private equity fund" sound like a hedge fund??
Jim

"Greg Farris" wrote in message
...
In article ,
says...



"Jim Macklin" wrote in message
...
Local radio announced today, Raytheon selling Beechcraft
Goldman-Sachs/ONEX group for about 3 billion dollars.




Isint Raytheon in the middle of a strike right now????


Isn't Goldman Sachs' CEO the guy who was awarded a $53M year-end bonus
yesterday?

Is the sum of the parts worth more than the whole?

Jim Burns wrote:

Yep, and doesn't "private equity fund" sound like a hedge fund??
Jim

"Greg Farris" wrote in message
...


In article ,
says...



"Jim Macklin" wrote in message
...


Local radio announced today, Raytheon selling Beechcraft
Goldman-Sachs/ONEX group for about 3 billion dollars.





Isint Raytheon in the middle of a strike right now????




Isn't Goldman Sachs' CEO the guy who was awarded a $53M year-end bonus
yesterday?

That would be a pretty good bet.
Jim

"john smith" wrote in message
...
Is the sum of the parts worth more than the whole?

Jim Burns wrote:

Yep, and doesn't "private equity fund" sound like a hedge fund??
Jim

"Greg Farris" wrote in message
...


In article ,
says...



"Jim Macklin" wrote in message
...


Local radio announced today, Raytheon selling Beechcraft
Goldman-Sachs/ONEX group for about 3 billion dollars.





Isint Raytheon in the middle of a strike right now????




Isn't Goldman Sachs' CEO the guy who was awarded a $53M year-end bonus
yesterday?

Greg Farris wrote:
In article ,
says...


That would be a pretty good bet.
Jim


Wouldn't be the first time. . .
Could be a pretty sad end for an aircraft that has, in some ways, remained
the ultimate "pilot's airplane" for over 40 years now.

Yep, too bad they're still building 40 year old airplanes.

-Robert

Jim Burns wrote:
Yep, and doesn't "private equity fund" sound like a hedge fund??
Jim

That would make sense. If I had been asked to do the business analysis
on the purchase I would likely have classified it was a pretty large
risk investment in the long term. Not too likely that they'll be able
to compete in the new era.

-Robert

"Robert M. Gary" wrote in message
oups.com...

Jim Burns wrote:
Yep, and doesn't "private equity fund" sound like a hedge fund??
Jim

That would make sense. If I had been asked to do the business analysis
on the purchase I would likely have classified it was a pretty large
risk investment in the long term. Not too likely that they'll be able
to compete in the new era.


If Beechcraft want to compete they are going to have to come out with an
aircraft to compete with the Cirrus on the low end and the Eclipse on the
high end. The best way to do this is to buy someone already in or close to
being in the market. The Beechcraft name is worth a lot think if they bought
Columbia and put their name on it.