Originally Posted by
gus6464
Niner has been on the brink of bankruptcy for a couple years now so it would matter to me.
It is fine to compare Niner and Santa Cruz and I have no desire to do so beyond what was already done but "on the brink of bankruptcy for a couple years" isn't correct.
Niner filed bankruptcy to facilitate rapid transfer of asset to the new owners. It is a financial tactic often employed when rapid transfer of assets is desired. The whole thing lasted four months.
-Tim-