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Brunswick IBBI Trial
Public Reaction to the verdict |
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Monday June 22, 1998 at 11:12am eastern time Brunswick stock was trading down 3/8.
It also fell 9/16 on Friday June 19 (day of the verdict). It appears the public is not greatly
taxing the stock for the loss.
We posted a note of the verdict in the main boating newsgroups (copy is below)
and saw the following responses. It appears to be a strong message of apathy and
not a lot of "feeling" for the Brunswick's position.
Date: Sun, 21 Jun 1998
From: Gary Polson
Newsgroups: rec.boats
Subject: Brunswick loses lawsuit
Friday 19 June in Little Rock AR Federal District
Court Brunswick lost $133 million
to the Independent Builders in the monopoly
lawsuit.
Detail are on RBBI
http://www.virtualpet.com/rbbi/index.htm
Date: Mon, 22 Jun 1998
From: Dave
Newsgroups: rec.boats
Subject: Re: Brunswick loses lawsuit
Gary Polson wrote:
> Friday 19 June in Little Rock AR Federal District
> Court Brunswick lost $133 million
> to the Independent Builders in the monopoly
> lawsuit.
Oh, my! :-)
Date: 22 Jun 1998
From: Boathaul
Newsgroups: rec.boats
Subject: Re: Brunswick loses lawsuit
Chicken feed. They spill that much in coffee
each year.
Date: Mon, 22 Jun 1998
From: Harry
Newsgroups: rec.boats
Subject: Re: Brunswick loses lawsuit
> Gary Polson wrote:
>
> Friday 19 June in Little Rock AR Federal District
> Court Brunswick lost $133 million
> to the Independent Builders in the monopoly
> lawsuit.
A lawsuit over monopoly? How parcheesi!
Date: Mon, 22 Jun 1998
From: sybil
Newsgroups: rec.sport.waterski
Subject: Re: Brunswick loses lawsuit $133 million
So how much does each of us get?
Date: Mon, 22 Jun 1998
From: Tom
Newsgroups: rec.sport.waterski
Subject: Re: Brunswick loses lawsuit $133 million
sybil wrote:
>So how much does each of us get?
Not so fast...
"LAKE FOREST, Ill., June 19 /PRNewswire/ -- Brunswick
Corporation (NYSE: BC) said it intends to appeal an adverse
verdict reached today by a jury in an antitrust suit tried
in the United States District Court for the Eastern District
of Arkansas. "
It'll be YEARS before anyone sees any cash.
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