Originally Posted by irrig8r
There were lots of rumors about buyers. A couple of deals fell through.
At one point Troy Lighting was said to be buying them.
This is what happens to a lot of family businesses who don't plan for the future of the business or don't have a plan B for if one of the owners is suddenly out of the picture. I've read a lot of articles about this kind of thing and unfortunately it happens to a lot of family owned businesses. It's really sad to see somebody spend the majority of their life working to building a successful company and then have it all fall apart once they are gone.