A few minutes after 9 AM ET, the previously announced conference call between Skyline and Champion took place.
The call lasted about 30 minutes.
There was no Q & A after their presentation.
The presenters generally followed the information provided in their power point. The meat of the presentation, minus the typical SEC disclaimers, is below.
A transcript of the call is expected.
Previous Daily Business News reports on this planned merger are shown below.
Among the points made verbally where their anticipation of further M&A (mergers and acquisitions) opportunities. They also pointed to more capital coming into the industry, specifically mentioning Fannie Mae and Freddie Mac beginning their FHFA approved start of chattel lending.
Last night’s closing numbers on Skyline, along with other manufactured home industry connected stocks, can be found at this link here.
MHProNews will continue to monitor this and other such developments for the industry. ## (News, analysis, and commentary.)
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.