Outdoor Power Equipment (Lawn Mowers, Snow Blowers, Chain Saws and more) Discussions

rumors have it that murry has been purchased by briggs .

story is that murry was in debt to briggs for 40 million...thats a lot.

i wasnt even aware murry was in trouble until i read it here.

and if they owed briggs that much ,how much did they owe tecumseh.

i find this kinda interesting....

briggs bought out simplicity which owns snapper,and they took a lot of flac from other equipment manufactures.

so now they grab murry which was in big trouble supposedly.

were they really in trouble or was this there way of expanding without out upsetting more folks.

personaly i have no problem with companies expanding and turning a profit,as long as they arent getting a handout or doing somthing sneaky  to do it.

i may be way off base here and hope that more facts will follow ,but right now its just curious to me .

just speculating.

later chris

Chris,

Last I read, the federal bankruptcy judge approved the sale of Murray to Briggs for $125 million in February. I believe Briggs also wrote off a $30 million dollar debt on what Murray owed them resulting in a $19 million dollar second quarter loss, If memory serves me correctly?

If something has happened since then, I just haven't caught it.

Here you go Chris..........http://milwaukee.bizjournals.com/milwaukee/stories/2005/02/14/daily1.html

gee Marshall...and i thought you were just another pretty face.

later chris

Hell, my baby pictures were even ugly!

Nice pic Marshall !!   LOL  - Kris

I'll just leave the jokes about fiddlin' with the red-headed toy alone!!........

I haven't been able to get on Murray's website in several days now. No Murray info on the Briggs site either...... maybe (totally a guess on my part not supported by facts anywhere) the Murray name will be fazed out, and the assets blended in with the Simplicity/Snapper lines? Any one have more info? Anyone getting on the Murray website?

Murray.com is now registered to Murray Inc.

Both murray.com and murrayinc.com are unavailable.

Changes are a happening.

--SnowRemover

I was not even aware of this. Thankyou for bringing it to my attention! I will let my friends know about this too.