Subject:
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Re: KKK described latest restructuring as "last chance" for Lego in FT article
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Newsgroups:
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lugnet.general
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Date:
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Wed, 17 Mar 2004 00:03:19 GMT
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Viewed:
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640 times
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In lugnet.general, Thomas Main wrote:
> Following on the heels of the press release announced in this LUGNET article,
>
> http://news.lugnet.com/mediawatch/?n=1448
>
> There's a piece in the _Financial Times_ about the latest restucturing at Lego:
>
> http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1079419676904
>
> or http://makeashorterlink.com/?U27F24DB7
>
> Key quotes:
>
> ""This is our last chance. We are at risk of losing our independence," said
> Kjeld Kirk Kristiansen, Lego's chief executive and owner"
Since TLG is family owned, I would presume that this is referring to whomever
TLG has lines of credit with (banks, etc). What happens in DK... is bankruptcy
there at all like the US ? (peering over the edge into the abyss)
> and
>
> "Mr Kristiansen declined to speculate on whether the maker of the eponymous
> coloured plastic building blocks could face a takeover should this latest
> resuscitation attempt fail."
>
> Ominous news.
>
> --
> Thomas Main
> thomasmain@myrealbox.com
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