The next tire retailer to sell out will be...
Does anyone want to go back to the late 1980s, when Debbie Gibson, Tiffany and whoever actually sang those Milli Vanilli songs ruled the airwaves? There were a lot of U.S.-based tire manufacturers who ended up being purchased at the time, and slightly afterward.
Flash forward some 25 years to today. Instead of foreign tire manufacturers buying out their U.S. counterparts, private equity firms (defined broadly) are the agressors.
Who's next, you ask? How about one of the largest tire retailers (also defined broadly) in the country?
To find out what's going on, check out Modern Tire Dealer Editor Bob Ulrich's latest blog, "25 years later, it's takeover time again!"
What do you think about investment firms taking over our industry? Who do you think is next on the list to be "invested in"?
Read the blog, then let us know what you think by leaving a comment!