schubert2,776 posts01-24-2016 10:00pm"Wrong, cleeds, the people are the business not the factory,
New owners = different company"
Sorry Schubert, but new owners do not necessarily a different company make, and McIntosh has never gone out of business. In any event, the very same people are at McIntosh ... same CEO, same staff.
By your reasoning, every public company goes "out of business" every day. That's because its owners - those are the stockholders - change constantly.
A business is a legal entity. When you buy a McIntosh component, its warranty is honored by the company, not its individual staffers. Likewise for a dealer who buys from McIntosh - he pays the company, not the CEO. Do you get it now?
New owners = different company"
Sorry Schubert, but new owners do not necessarily a different company make, and McIntosh has never gone out of business. In any event, the very same people are at McIntosh ... same CEO, same staff.
By your reasoning, every public company goes "out of business" every day. That's because its owners - those are the stockholders - change constantly.
A business is a legal entity. When you buy a McIntosh component, its warranty is honored by the company, not its individual staffers. Likewise for a dealer who buys from McIntosh - he pays the company, not the CEO. Do you get it now?