Minelab has been SOLD!!! Hmmmm

[bill(de)]

Just read a post from a dealer on another forum about the sale and here's the announcement link. Consolidation must be the order of the day with Detector manufacturers. Who knows what will happen next. HH Bill

http://www.codan.com.au/Portals/0/in...ncement%20.pdf

[bill(de)]

Nevermind OLD NEWS that i missed along the way but read a post from a detector dealer and thought it was a NEWS FLASH LOL

[prizm-pal]

Bill you had me fooled too...and scared cause I just ordered one of there machines...... sorry for my pm to you Ali! Looks like you're job is safe!!

[Joker]

Yeah firsttime ive heard that. I was thinking about adding a minelab product to my arsenal as well. Prizm, what you picking up?

Joker

[MinelabMan]

Originally Posted by bill(de)

Nevermind OLD NEWS that i missed along the way but read a post from a detector dealer and thought it was a NEWS FLASH LOL

Bill, why do you say old news, about a third of the way down there's a News Release to that effect dated today??

[bill(de)]

Hey Minelab Man,

Reading too many sites perhaps and appears others knew of this a while ago.If it is current news and not a rehash of old it may be important for us Minelab owners and future buyers. At least if anyone is interested they can keep an eye on future developements. HH Bill

[MinelabMan]

Originally Posted by bill(de)

Hey Minelab Man,

Reading too many sites perhaps and appears others knew of this a while ago.If it is current news and not a rehash of old it may be important for us Minelab owners and future buyers. At least if anyone is interested they can keep an eye on future developements. HH Bill

I know what you mean Bill, it is important, especially for future purchases and warranty, I hope not much changes. I never heard of Codan before. It would be a shame to mess up a good thing. The News Release dated 2/15/08 starts on page 3.

[prizm-pal]

Bill joker and Alan... this does concern me I have A new excal 2 arriving Monday... did I buy a pig in a polk... have extended warranty... I am just a little worried! Chick!

[bdahunter]

Relax Chick, just a financial deal, nothing will be changing at Minelab it appears, except that they'll be more cash flush from the injection of capital.

All Good,

BDA

[anne]

Apparently being taken over in a 70million deal by a communications company.