On July 8, 2010 at 22:57, dtopler said...
You sure about this? Haven't heard ANYTHING about it and there is nothing on ML's dealer forum about it either.
ShoreView Industries is the firm who are now involved in both Paradigm and Martin-Logan, although it appears that they have taken different paths with each firm.
The Martin-Logan transaction was called a 'leveraged buyout', and the notes say that the owner (Gayle) was seeking to sell the company.
[Link: shoreviewindustries.com]The Paradigm transactiuon is called a 'recapitalization' and it is noted that 'the founders retain a significant ownership stake and transfer a portion of ownership to other key managers of the company.'
[Link: shoreviewindustries.com]