Is Maytag Headed for a Cliff?
Submitted by advisor on Sun, 05/01/2005 - 2:04am.
Several analysts are painting a sobering picture of Maytag's future. In the last several days analysts have predicted bankruptcy, multiple plant closures and a resulting hemorrhage related to closure costs. In fact the most upbeat assessment that we could find was that Maytag would loose its independence within the next couple of years.
Will Haier, which missed the opportunity of buying Amana, or Samsung, make the first move?

