People really need to emphasize the difference between Walmart and the Walton heirs…they are NOT the same thing (not directed at @Brennus )
It was the same thing when they bought Rapha and investedin Allied…“Oh, Walmart bought Rapha!!” NO, they didn’t.
And then you guys like this saying “I can’t say much becuase it would be spreading rumors…” but then goes on the basically only spread rumors. WTAF?
I seriously doubt Walmart is buying Specialized…it makes zero sense for either company. It would literally be the death knell for the brand in the IBD and the only reason it would have value for Walmart is because it was an IBD brand. (Ask me how I know
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Now, is the Walton Bros investment group sniffing around? I have no idea, not have I heard anything. To some degree, it makes sense…Synyard is getting older (and has already stepped down as CEO a few years ago), AFAIK there is no family heir involved in the business and I am sure they are in a tight place financially.
Dunno…we’ll see soon enough, I guess.