Jarden Corporation (Coleman, Mr. Coffee) to Buy K2

mike31c · 04-25-2007, 07:37 PM

Quote:

RYE, N.Y. and CARLSBAD, Calif., April 25 /PRNewswire-FirstCall/ -- Jarden Corporation (NYSE: JAH) and K2 Inc. (NYSE: KTO) today announced they have signed a definitive merger agreement pursuant to which Jarden will acquire K2. Under the terms of the agreement, Jarden will pay $10.85 per share of K2 common stock in cash and will issue 0.1086 of a share of Jarden common stock (subject to adjustment as provided in the merger agreement) for each share of K2 common stock outstanding as of the closing. The cash and Jarden stock to be issued in the transaction has a combined value of approximately $15.50 per K2 share, based on the closing price of Jarden common stock on the date of signing the merger agreement. The total enterprise value of the transaction, including the assumption or repayment of indebtedness, is approximately $1.2 billion. The transaction is expected to be accretive to Jarden's earnings and to close early in the third quarter of this year.

Jarden Corporation

Personally, I think since K2 bought WGP, it went wayside Brass Eagle and the rest of the mass market junkets. Don't get me wrong, I like the trilogy line but is that really "WGP"?

BlindeSeher · 04-25-2007, 08:10 PM

Wow, there's always a bigger fish out there.

I just realized that vanilla pudding tastes better than chocolate.

As for WGP, I don't know how much relevance can be restored by new management.

Azzy · 04-25-2007, 08:21 PM

Is it really WGP? Yeah, a version of their flagship made simpler to make it cheaper to buy, and get it in the hands of more players.

Kindof like the escort of paintball (ford escort, that is)

Walking_Target · 04-25-2007, 08:21 PM

well, if the Jarden corp, of Coleman fame are in charge, i can see them trying to restore WGP and others to their 'former glory'

at least i hope that is what they do... the new WGP stuff isn't really even autocockers anymore, they have an EP (a-la Timmy) and the retarded love child of a Timmy and an e2'd cocker.

B · 04-25-2007, 09:23 PM

WGP former glory ? stolen designs never credited to the creators, all parts maid in the orient for over ten years, lack of development, relied on other companies to fix their poor quality and performance.

Walking_Target · 04-25-2007, 09:27 PM

hence the quotation marks around "former glory"

.... wow... i really need to check my sarcasm module

Morgenstern · 04-25-2007, 11:26 PM

''Ahh, the new Jarden Corp paintball gun...but what's all that churning and bubbling?''

''No, that's Mr. Coffee, this is Mr. Paintball''

Lemon pudding is nowhere near as good as I remember.

I wonder how cheap they'll be able to turn a gun out now with all of that extra capital?

caplucky · 04-25-2007, 11:34 PM

Maybe they will try a propane powered cocker now, "cook your breakfast and play some paintball with the same tank!".

And I still like tapioca pudding.

Drum · 04-25-2007, 11:35 PM

Coffee flavored or scented paintballs would rule though.

mrwisker · 04-25-2007, 11:53 PM

I like rice pudding
My 05 prostock self destructed at EMR.
The apple scented paintballs seem to be selling like crazy. I think that if they could make campground bacon, eggs, and coffee scented, that would rule even more.

Regardlless of who owns what, We can never stop the wheels of big business.
As long as I can get parts for my Blazer, I'll be happy.

04-25-2007, 08:10 PM	#2 (permalink)
BlindeSeher Active Member Join Date: Apr 2006 Location: Lockport, NY	Wow, there's always a bigger fish out there. I just realized that vanilla pudding tastes better than chocolate. As for WGP, I don't know how much relevance can be restored by new management. __________________

04-25-2007, 08:21 PM	#3 (permalink)
Azzy Mod-O-Rator Join Date: Mar 2006 Location: Finleyville, PA	Is it really WGP? Yeah, a version of their flagship made simpler to make it cheaper to buy, and get it in the hands of more players. Kindof like the escort of paintball (ford escort, that is) __________________ Bryan "Azzy" Spiegel Riverside Renegade Paintball / C.C. S.V.S. Plankowner - LPPC#6 "It is my right to be uncommon—if I can. I seek opportunity—not security. I do not wish to be a kept citizen, humbled and dulled by having the state look after me. I want to take the calculated risk; to dream and to build, to fail and to succeed. I refuse to barter incentive for a dole. I prefer the challenges of life to the guaranteed existence; the thrill of fulfillment to the stale calm of utopia. I will not trade freedom for beneficence nor my dignity for a handout. I will never cower before any master nor bend to any threat. It is my heritage to stand erect, proud and unafraid; to think and act for myself, enjoy the benefit of my creations and to face the world boldly and say, “This I have done.” - Dean Alfange

04-25-2007, 11:26 PM	#7 (permalink)
Morgenstern Active Member Join Date: Apr 2006	''Ahh, the new Jarden Corp paintball gun...but what's all that churning and bubbling?'' ''No, that's Mr. Coffee, this is Mr. Paintball'' Lemon pudding is nowhere near as good as I remember. I wonder how cheap they'll be able to turn a gun out now with all of that extra capital? __________________ Castle Conquest XXII video: http://www.youtube.com/watch?v=GN3QeBL_7-E

04-25-2007, 11:34 PM	#8 (permalink)
caplucky I am not a macodomy!! Join Date: Mar 2006 Location: Erie, Pennsylvania U.S.A.	Maybe they will try a propane powered cocker now, "cook your breakfast and play some paintball with the same tank!". And I still like tapioca pudding. __________________ <---- I like this one! Bite my shiney metal ***! When the zombies come will you be ready? I will. http://www.zombiehunters.org/index.php

04-25-2007, 11:53 PM	#10 (permalink)
mrwisker digruntled worker Join Date: Mar 2006	I like rice pudding My 05 prostock self destructed at EMR. The apple scented paintballs seem to be selling like crazy. I think that if they could make campground bacon, eggs, and coffee scented, that would rule even more. Regardlless of who owns what, We can never stop the wheels of big business. As long as I can get parts for my Blazer, I'll be happy. __________________ feedback Daily Thought: SOME PEOPLE ARE LIKE SLINKIES.. NOT REALLY GOOD FOR ANYTHING, BUT THEY BRING A SMILE TO YOUR FACE WHEN PUSHED DOWN THE STAIRS