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View Full Version : The Fall of RayMarine



1987-cobb
08-16-2009, 03:59 PM
Raytheon sold the division to what is now Raymarine for $110m.

May 2008 there were negotiations to sell Raymarine to Garmin for a reported $400m.

Value of the company today is reported to be $17m.

Garmin makes takeover bid for U.K.'s Raymarine - MarketWatch (http://www.marketwatch.com/story/garmin-makes-takeover-bid-for-uks-raymarine-2009-08-16?siteid=YAHOOB%2CYAHOOB%0A%20%20%20%20%20%20%20% 20%20%20)

So long Ray. GarMarine?