BRIGGS & STRATTON SOLD

7394

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Mark- Old dates when that happened. Right after that here is the latest from Bankruptcy outcome.


Sep 22, 2020
The "new" Briggs & Stratton emerged from bankruptcy today. This is a deal similar to GM. There is "old" Briggs carrying all the debt, and "new" Briggs being dept free. Not mentioned in the article is that Todd Teske is out as president and CEO. Also the previous mentioned sale of assets will not happen. All brands owned by Briggs will continue to be manufactured and sold by Briggs (Ferris, Snapper, Snapper Pro, Simplicity

More: https://www.lawnmowerforum.com/threads/briggs-news.60419/page-3#post-380053
 
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mechanic mark

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Thanks for the update, I guess I'm about four months behind. My age is starting to show.
 

bertsmobile1

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I just hope you did not have any Briggs shares in your pension portfolio
 
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