Friday, December 31, 2010

Winnebago merges

If you hit the interstate this weekend, you're likely to see quite a few recreational vehicles. And one of the prominent ones... Winnebago Industries Inc. said it has completed a deal to buy SunnyBrook RV Inc. of Middlebury, Indiana., for $5.7 million in cash. Analysts say the Winnebago deal is a sign that the economic recovery is gaining momentum. It's the first acquisition for Winnebago in more than 20 years. Winnebago is one of the nation's largest makers of motorized recreational vehicles, with about 20 percent of the market.

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