Originally Posted by Gilles L.
Lorne,

Would you please give us some explanation about your comment : '' A large loan (during the '60s) from his then wife culminated in Peter Morgan's loss of his sole majority (in the Morgan Motor Company) and the decisions that lead to the 2019 sale '' ?

I think that many Morganeers would like to understand better the chain of events that led to the sale of 51 % of MMC shares to Invest Industrial.

Gilles from Quebec

I'll give you a guess, and it is just a guess, in answer to your first para. Could it be that man gets a large loan from his wife, they subsequently divorce, man pays back the loan with shares in the company? Sounds plausible to me but could easily be completely wrong. I have no inside knowledge

As for the new owners, any link with Carlyle reminds me of the "barbarians at the gate" though I think that comment referred to KKR and not Carlyle. Carlyle are private equity.

Last edited by howard; 12/12/23 08:31 AM.