Taylor buys Denman assets; what a surprise! (not)
Morry Taylor is at it again. The chairman and CEO of Titan Tire International Inc. has purchased certain assets owned by Denman Tire LLC.
Denman had filed for Chapter 7 bankruptcy protection earlier this year, and the United States Bankruptcy Court for the Northern District of Ohio had fielded a number of bids for Denman assets and equipment.
Because Titan is a public company, it will have to reveal details surrounding the successful bid soon. In the meantime, Modern Tire Dealer Editor Bob Ulrich blogs on Taylor's proclivity toward action, rather than reaction.
To find out why the buy wasn't a total surprise, read "Ever the aggressor, Titan's Taylor buys Denman assets." And let us know what you think of Ulrich's comments by leaving one of your own!