Remote Dynamics Inc (RMTD)

[trackkwizzard]

Walters is a product of the 80's. Could be wrong, but makes me think his deals would not be structured like the deals of today, but more similar to the unconventional deals of the 80's. And that is a very positive assumption.

Go RMTD

Go Walters!!!

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Find out what was happening in the 80's.

Mergers and acquisitions in the eighties.

"contrary to negative perceptions, many leveraged acquisitions in the 1980s profited buyers and strengthened the acquired company. Some found poorly run companies and turned them around. Some saw opportunities based on a unique combination of factors.

The federal government had relaxed antitrust restrictions on mergers. State courts and legislatures were not yet serious about blocking acquisitions. Many major firms had been pursuing unsound business strategies that reduced their market values but offered potential profits for those who could run them more competently. And new innovations in debt financing made money cheaper.

The time was ripe for strategic acquisitions. Companies could purchase reasonably priced assets in their own industry or sector. Strategic deals dominated major sectors of business such as oil and gas, pharmaceutical and chemical, retail clothing and food, media and entertainment. Such takeovers might include Quaker Oats’ acquisition of Gatorade, General Electric’s acquisition of RCA, Wells Fargo Bank’s acquisition of Crocker National, and KKR’s buyout of Beatrice and Duracell.