Bristol New Owner

[GREG]

I was surprised to hear the news this morning that a takeover bid from Morgan Cars has been accepted.

I guess it could be a good fit and a three wheeler Speedster could look stunning, but not sure about the three wheeler Blenheim !

[lansdownplace]

Someone will be in trouble with the headmaster for breaking this clearly embargoed news...........

[GREG]

My wife said it was on the Jeremy Kyle show ! I will look at the recording later.

[voicebox]

Originally Posted by GREG

I was surprised to hear the news this morning that a takeover bid from Morgan Cars has been accepted.

I guess it could be a good fit and a three wheeler Speedster could look stunning, but not sure about the three wheeler Blenheim !

Is there any truth to the above? I have checked online and cannot find any reference to a Morgan takeover bid.

[GREG]

Did you check on line what the date is ? I should have done before listening to my wife.

[voicebox]

Originally Posted by GREG

Did you check on line what the date is ? I should have done before listening to my wife.

I checked online this morning after reading the post. Nothing!

[TBC]

....well if nothing else they have plenty of practise in using wood in the construction, so maybe they see the opportunity in re-making 404 and 405s; compared with most of their current range they are quite modern......

[pasini s]

Well a word of warning, today it's April Fools Day.....;-))))

This said, I would be very happy to see Morgan and Bristol working together.

Cheers from a (still) overheating 409,

Stefano

[Michael Oram]

April 1st
Just to add to the mystery?

Bought by Chinese company who own MG?

British car maker, Bristol, purchased by Xinjiang No 1 Tractor Company
Industry News | CCT | April 1, 2011 at 1:42 pm

Link.
British car maker, Bristol, purchased by Xinjiang No 1 Tractor Company

Michael

[GREG]

I prefer the fake Morgan post ! the Chinese one looks too real !

Excellent !

[Ronald G. Stephenson]

Perhaps in the interest of keeping these two specialty manufacturers alive is the top goal, and it does not hurt to use foreign money to do it. I would go so far as to designate them National Treasures. (the cars, not the foreign investors)

[will7262]

Of course its April Fools day...well lets hope its a hoax

[Ronald G. Stephenson]

I think it is all very real. We know Bristol is on the ropes, and has administrators right now taking care of business. As to a hoax, this is far to insignificant an issue for the press to cover, unless it is legitimate. Without stirring the pot too much, I have to say I have no interest in Morgan, and that goes back 50 years. Too much of an anacronism, and the units are far to large to place in antique shops.

[Barrie]

Ah, Blistol!

April 1 rules, O.K?

[Ronald G. Stephenson]

One can only hope that someone will come to the rescue, but in terms of Bristol being a good investment; wel, let us look for someone who wishes to spend their fortune or wants a good loss for tax purposes. Maybe a move to the US where we have so many tax dodges would be best. If General Electric can make billions and not owe anything, then the move would be attractive to some investors. In spite of the claims that we are in some sort of recession, I cannot see it from my perspective, and much spending is going on over here.
Perhaps a number of people with resources are looking to spend money while it still has some value.