Contrary to our prior announcement, BowTech was unable to consummate a proposed asset purchase agreement with Ross Archery, Inc. BowTech has not purchased or acquired any Ross Archery, Inc. product designs, equipment or inventories. BowTech has not assumed any of Ross Archery, Inc."™s liabilities.
However, BowTech is pleased to confirm that Andy Ross, the founder of Ross Archery, is assisting BowTech in the promotion of a new line of bows designed and produced by BowTech. BowTech"™s R&D team has designed the new line of bows to feature the benefits of solid reliability and extreme accuracy; qualities that translate to immediate gratification for the demands of today"™s passionate bowhunter.
There is a new ross hanging in the shop where I bought my bow. I was told that Bowtech bought the Ross name but the Cams and risers were owned and designed by G5. Bowtech didn't find that out until after the sale.
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ORIGINAL: standsleeper
Bowtech didn't find that out until after the sale.
Pretty sure research is done before multi million dollar deals are made. The deal was over buying the rights to the company, they couldnt buy them and realize later they dont truly own them. If they did...they might consider new management. lol
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www.lostrivergamecalls.com
You tried your best and you failed miserably. The lesson is 'never try'
Strange. Bowtech even went as far as putting Ross on their website. Not sure why they would do that before they finalized this deal. Pretty silly actually.
Yes, read it again. Bowtech is producing Ross bows. They just didn't purchase any of the "mess" that was the Ross and G5 fiasco. It is an entirely new line of "Ross" bows that aren't based on any of the old Ross / G5designs, patentsor bows.
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I have already sold 4 new 2009 Ross bows that were made by Bowtech
Pretty sure the "deal" went thru
That's what I was thinking.I saw one in the shop the other day and thought it was an extrememly nice looking bow.
Just read this sentence.Pretty sure they have Ross in there.
BowTech"™s family of brands include: BowTech, Diamond and Ross compound bows, Octane archery accessories, Stryker crossbows, Airow Gun and WaterDog Surface Technologies.
Bowtech/Ross update - no buyout
...they might consider new management. lol
