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Audio Research Corporation Is Dead! Long Live the New Restructured Audio Research Corporation! | Tracking Angle
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Sent from my iPhone using Tapatalk Pro
Audio Research Corporation Is Dead! Long Live the New Restructured Audio Research Corporation! | Tracking Angle
Sent from my iPhone using Tapatalk Pro
Would ARC benefit from a radical change in cosmetics? Do their traditional handles date them?
Would ARC benefit from a radical change in cosmetics? Do their traditional handles date them and discourage younger buyers?
Did I miss who actually is acquiring Audio Research? Do we know who ended up being the white knight?
George
I'm not sure what to make of the announcement. It said Audio Research is gone, the company is no more. Then someone bought the name. Does this mean the new company will begin debt free of the old debt? Everyone owed money sucks up losses from ARC? Does the new Audio Research get the old product, inventory, designs etc.?
I'm not sure what to make of the announcement. It said Audio Research is gone, the company is no more. Then someone bought the name. Does this mean the new company will begin debt free of the old debt? Everyone owed money sucks up losses from ARC? Does the new Audio Research get the old product, inventory, designs etc.?
Typically,
The new owner will get the name, patents, inventory, designs, customer lists etc. and will have zero of the old debt. That doesn't mean it won't have debt tho - it will probably secure debt to purchase ARC - sometimes that includes some of the same lenders involved now, but under new terms.
Most new owners will honor previous warranties that end users currently have. But they don't have to.
It becomes a PR nightmare if they don't.
I am still not a fan of their design. Handles look outdated and are not necessary. Even Frank Van Alstine realized that he had to upgrade the cosmetics of his gear to increase sales.
I think that they should have offered some lower priced gear for people to get their foot in the door with their products which could have led to upgrading to their more expensive gear. Their integrated amp was too little too late.
I am still not a fan of their design. Handles look outdated and are not necessary. Even Frank Van Alstine realized that he had to upgrade the cosmetics of his gear to increase sales.
I think that they should have offered some lower priced gear for people to get their foot in the door with their products which could have led to upgrading to their more expensive gear. Their integrated amp was too little too late.