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Also subsidiary companies pay management fees to the parent for any services provided by the parent, such as engineering, payroll, accounting, etc., and of course have to pay dividends to the parent using their cash. |
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I actually liked their older industrial designs better (e.g., the Reference 75SE).
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As long as ARC continues on its current path with the superb sounding new Reference amps that can now be placed in a living room setting because they no longer look like college science projects--I am optimistic, especially with ownership in the hands of a former ARC insider who knows what the public wants and what the market will bear. The only thing we do not know is how much debt was taken on and how that debt load will impact the engineering crew, parts quality, etc. If past is prologue, we can only hope that there will be no negative impact.
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I saw a video where new CEO was saying when Mcintosh people asked him to come he thought he would be offered some position?? but they gave him the company. he seemed like nice guy. when I asked about ref6 upgrade, they said it was currently stopped(later2020) and suggested i could trade in for 6SE. |
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