Following a story MHProNews covered Sept. 29, 2014 regarding Cavco Industries’ attempt to acquire Skyline Corp. by offering to buy all of Skyline’s outstanding shares at a premium, Cavco has reaffirmed its requests to open a dialogue with the special committee the target company set up to improve the bottom line. Cavco says Skyline’s recent announcement that it may sell its RV division to Evergreen Recreational Vehicles did not include any financial terms, making it difficult for Skyline shareholders to judge the value of such a sale. According to nasdaq.com, Cavco says it is Skyline’s responsibility to its shareholders to evaluate all options, since Skyline has lost money each of the preceding seven years. In addition to RVs, Skyline makes manufactured and modular homes. ##

(Image credit: cnnmoney.com–Cavco is the only one throwing punches)