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| | | Forum Guru
 
Group: Forum Members
Last Login: 10/28/2008 7:37 PM
Posts: 54, Visits: 67 |
| I dunno if this is just a rumor, but a friend just emailed me this press release:
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Shakespeare Fishing Tackle Acquires Penn Fishing Tackle Mfg Co. USA Release
News
For Immediate Release
Columbia, SC – Shakespeare Fishing Tackle, a leading manufacturer of fishing rods, reels, fishing line and accessories is pleased to announce the acquisition of Penn Fishing Tackle Mfg. Co. Founded in 1932, Penn is the market leader in saltwater trolling and spinning reels and saltwater rods.
These products include the famous Penn International®, Senators®, GT, and GTO trolling reels, as well as Slammer® and Spinfisher® SSM and SSG spinning reels.
“For 75 years, Penn products have been the gold standard for offshore, inshore and surf fishing,” according to Scott Hogsett, President of Shakespeare. “Shakespeare is excited to be able to add Penn’s broad assortment of saltwater products to complement the current Shakespeare, Pflueger and All Star freshwater, inshore and saltwater offerings.”
“We look forward to bringing to Penn the vast new product introductions and innovation that our customers have come to expect from Shakespeare and Pflueger each year. The Penn name is one of the greatest brands in fishing, but has lacked the resources to grow and develop markets. Our volume and economies of scale will allow us to reinvest in the brand and grow market share.”
Shakespeare is a K2 Inc. company, a premier branded consumer products company with a portfolio of leading brands.
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This isn't on Penn, Shakespeare, or K2's websites, but some other people are talking about it now like it's a done deal. Won't be long until we see a 550SSg/UglyStik combo in a store near you! 
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Low Country Angler |
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| | | Supreme Being
Group: Forum Members
Last Login: Yesterday @ 6:42 AM
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| That might not be a bad thing for the Low-End Angler,if he get`s Penn Quality,at a Shakespeare Price,But I Doubt that it will go that way It`s a Shame to see all these Quality Reel Company`s Sell-Out due to Groth.....Soon there will only be Two Reel`s : #1. $20.00 #2. $200.00
Not Just Another Cracker ! |
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