Audio Research filing for bankruptcy?

@jbl-4345 I heard mcintosh bought audio research 

Let's hope this is true.  Would give Mc an upper hand owning both, new options, when you see posts of Mc vs. ARC dating way way back, c/b great for their fans and consumers. Please sure more if you find out more, if you can. 

I just read some notes where ARC was looking for someone to invest capital to keep them afloat and out of default with the local MN bank. Deadline was not met, apparently.  Hopefully people generally understand its been weird times coming in/out of the pandemic, some parts supply has been limited, trying to get back on their feet. Maybe they could put some lines on hold, while keeping others afloat until there is some path forward.  Will keep an eye out, keeping fingers crossed for them. ARC has always been a staple platform for many of many of my audio friends.

#jbl-4345 #decooney

That happened years ago (2014) when the Mcintosh group acquired Audio Research.  Then Mcintosh sold ARC in 2020.  Mcintosh was sold itself in the past year or two.    Thats what GOOGLE is for!!

Yeah it sucks. I have a audio research sp-3-a1 which to my ears is the absolute best sounding tube preamp that was ever built period

jbl-4345

I heard mcintosh bought audio research

That’s not possible. The matter is before Minnesota Judicial Branch/Hennepin County and any transaction will require court approval. That will be contingent, in part, on creditors not objecting. There have been extensive filings in this matter (all online, you can read them for yourself) and there’s no reference anywhere to any source of financing yet. That’s the problem.

Perhaps Mac has an interest in joining up with ARC again. But there’s no way it’s a done deal.

decooney

I just read some notes where ARC was looking for someone to invest capital to keep them afloat and out of default with the local MN bank.

The filings suggest that the major creditor has waived claims against ARC and that its claims are confined to Trent Suggs and a private company (not ARC) that he owns.