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Re: forreste1 post# 12554

Sunday, 11/11/2012 4:56:11 PM

Sunday, November 11, 2012 4:56:11 PM

Post# of 22017
Wanxiang tends to preserve the companies here that it takes over. Essentially its become a management capitalist firm that handles mismanaged companies or companies set up from the beginning to fail over here. Usually a competitor stands to gain if there is a fail of a superior tech, then they scoop them up cheap. Wanxiang's niche is paying a fair price and setting the company up to succeed. Really throws a wrench in the system, doesn't it.

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