I also have stewed over this since the initial announcement by the company to sell it's business. My fear is that Hardy will loose the respect it has earned over the 140 years in production. I cannot see any "dyed in the wool" Hardy fan (and I am one) happy with this announcement. Large holding companies like this buyer gobble up distressed names in the hope of adding to their bottom line and use them to supplement the earnings of other less profitable divisions. On the other hand, I am encouraged by the recent announcement received from Hardy (N America) that Hardy is in the process of bringing back the production of their classic reels, such as the Bougle to the UK. Maybe there is hope for Hardy yet.