ban25
Major Contributor
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- Nov 5, 2022
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I think the biggest problem is, even at the time, Joe Kiani substantially overpaid for SU. Even if VOXX had not sold for 1/5th the SU acquisition cost, there's just no way MASI will be able to unload SU without taking a hit.More importantly PAC as a unit is profitable - and that is the fundamental problem with Sound United, which has made losses ever since the Masimo acquisition and why it may be hard to find a buyer for SU as a whole.