After a long struggle on its own, Minnesota's ATV and snowmobile maker Arctic Cat will become part of the Textron empire.
News & Analysis: Arctic Cat
Textron tumbles, and Arctic Cat jumps on buyout.
Powersports vehicle makers have a long history of clashing in court
The RV specialist blamed falling unit shipments and manufacturing inefficiencies for some of its weakness.
The snowmobile and ATV specialist is in the middle of a turnaround but hopes for better long-term success.
It's easy to see what kind of big companies Buffett likes - just look at his portfolio. But how can we find smaller companies that would fit Buffett's stock-picking criteria?
The snowmobile and ATV specialist posted better results than expected, but Arctic Cat has a long way to go to restore its growth.
The recreational vehicle maker meets expectations, but the path forward presents new challenges.
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