Winnebago Undecided on $321 Million Stock Offer

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!Forest City, Iowa-based Winnebago Industries Inc. officials say they haven’t made a decision on whether to accept or reject an offer from a private equity firm to purchase the company because they don’t have enough information. The Associated Press is reporting Winnebago has rejected a $321.5 million offer from North Street Capital, a Greenwich, Conn.-based private equity, hedge fund and mergers and acquisitions... Read more

New Generation of Campers Discovers Park Models

When it comes to talking about their experiences renting park models and yurts, private park operators across the country have a similar refrain: They can’t get enough of them. The Jellystone Park at Kozy Rest in Harrisville, Pa., is a case in point. The 170-site park has two site-built cabins, two park models and two yurts, but demand for rental accommodations is so strong that the park had to turn away 200 nights’ worth of rental business last year, said park co-owner Denny Quigley. When Woodall’s... Read more

Equity Firm Makes $321 Million Cash Offer for Winnebago Stock

Winnebago Industries Inc. today (May 18) confirmed that it is in receipt of a letter from North Street Capital LP proposing to acquire all outstanding common shares of Winnebago Industries at a price of $11 per share in cash. The deal would be worth $321 million. Winnebago is the No. 2 motorhome manufacturer with 2011 sales reaching $496 million. Trading had been halted after it surged 17 percent in premarket trading amid a Bloomberg report that North Street Capital had offered to purchase the... Read more

VIDEO: CAMP Members Invigorated at Cherry Hill Meeting

Association management consultant Tom Morrison was the featured speaker at the CAMP meeting May 7-8 in Cherry Hill Park in College Park, Md. Today’s video, courtesy of Tom Morrison & Associates,  features excerpts from the recent CAMP meeting in Maryland. Running a state association that represents RV parks and campgrounds can be a daunting experience. Just ask the 30 members of the Campground Association Management Professionals (CAMP), who gathered May 7-8 at Cherry Hill Park in College... Read more

ADA Pool Lift Compliance Date Delayed to Jan. 31, 2013

Park operators will have until Jan. 31, 2013, to comply with changes in accessibility requirements for swimming pools and spas under the Americans with Disabilities Act (ADA). The Justice Department announced on its website Wednesday (May 16) that it plans to publish a new rule on Monday with the Jan. 31 compliance date, according to a news release. “Thanks to an effective team effort involving private park operators working in collaboration with our counterparts in the hotel industry, the U.S.... Read more

18 Rustic Campgrounds Added to State’s Reservation System

Eighteen of Michigan’s more popular state forest campgrounds are being added to the state campground reservation system this season. That’s a first for the remote and rustic campgrounds that have always operated on a first-come, first-served basis, the Grand Rapids Press reported. “It made sense to allow those sites to be reserved,” said Tim Schreiner, manager of Traverse City State Park and the man appointed within the Michigan Department of Natural Resources to usher the state forest campground... Read more

Grants Will Help Keep Open 13 California Parks

The California State Parks Foundation (CSPF) announced Thursday (May 17) it will award 13 grants totaling $328,586 to organizations that are fighting to keep state parks off the closure list. This one-year commitment is one of several steps the 43-year-old foundation is taking in response to the crisis of park closures across California’s state park system, according to a news release. These grants were made possible by generous funding from the S. D. Bechtel, Jr. Foundation and the Thomas... Read more

911 Tape of Deerfield Beach RV Park Attack Released

Months after the horrendous RV massacre in Deerfield Beach, Fla., the 911 call made by ruthless killer William DeJesus has been released. For the first time we are hearing the voice of a man known as a “monster” by his own children, CBS Radio, Miami, reported. In February, DeJesus held his wife, two sons Jesiah, 9, and Samson, 7, an elderly woman and her boyfriend hostage inside at a Deerfield Beach RV park. “I’m inside a mobile home and they were going to kill me and my kids because... Read more

Alberta Won’t Close Campground Until August

Campers will be able to pitch their tents and park their RVs at Pigeon Lake in Alberta this summer after all. The province originally planned to close 248 sites at the popular campground for renovations, but business owners in the area complained, saying the closure would have negative affects on their livelihoods, the Calgary Herald reported. All 401 sites at the provincially run Pigeon Lake and Zeiner campgrounds are now open and will stay open until Aug. 7, the province announced Thursday (May... Read more

Town Renames Campground in Memory of Administrator

Melville Campgrounds in Portsmouth, R.I., will soon receive a new name to honor the town’s first administrator. The town council voted 6-0 to change the campgrounds’ name from Melville Campgrounds to the John O. Thayer Melville Campgrounds, EastBayRI.com reported. Former council president Stephen Pappas went before the council May 14 to make the request. Thayer’s son, Mark Thayer, told the council that his father saw acquiring Melville Campgrounds as his greatest achievement. He said the family... Read more

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