Monday, August 18, 2008
NEGOTIATIONS BETWEEN BEAUDRY RV AND LAZYDAYS RV ENDING
RV Business
Monday, August 18, 2008
Beaudry RV is no longer negotiating with Seffner, Fla.-based Lazydays RV Center Inc. for sale of its RV dealership outlet in Tucson, Ariz.
The Arizona Daily Star reported that in June, Beaudry Motor Co. CEO Thomas Sylvester sent a memo to Beaudry employees saying that Beaudry RV had entered into a "letter of intent" with Lazydays to purchase the Beaudry’s Tucson operations that would include the Beaudry RV Resort.
At the time, neither Sylvester nor a representative of Lazydays would comment on the negotiation.
But Sylvester confirmed last week that the deal was mutually called off Aug. 8.
"We couldn't come to agreeable terms. A letter of intent is far from a finished and completed agreement," Sylvester said.
The Beaudry family has owned auto dealerships in the Tucson area since 1940. Company President Bob Beaudry started downsizing the business in 2003 with the sale of six dealerships to the Scottsdale-based Chapman Automotive Group.
Last December, Beaudry finalized the sale of its San Diego RV sales and service center to FreedomRoads/Camping World. Beaudry also operates an RV dealership in Phoenix.
Monday, August 18, 2008
Beaudry RV is no longer negotiating with Seffner, Fla.-based Lazydays RV Center Inc. for sale of its RV dealership outlet in Tucson, Ariz.
The Arizona Daily Star reported that in June, Beaudry Motor Co. CEO Thomas Sylvester sent a memo to Beaudry employees saying that Beaudry RV had entered into a "letter of intent" with Lazydays to purchase the Beaudry’s Tucson operations that would include the Beaudry RV Resort.
At the time, neither Sylvester nor a representative of Lazydays would comment on the negotiation.
But Sylvester confirmed last week that the deal was mutually called off Aug. 8.
"We couldn't come to agreeable terms. A letter of intent is far from a finished and completed agreement," Sylvester said.
The Beaudry family has owned auto dealerships in the Tucson area since 1940. Company President Bob Beaudry started downsizing the business in 2003 with the sale of six dealerships to the Scottsdale-based Chapman Automotive Group.
Last December, Beaudry finalized the sale of its San Diego RV sales and service center to FreedomRoads/Camping World. Beaudry also operates an RV dealership in Phoenix.
