Basically, Home Depot owed MM millions of dollars which forced MM into receivership. Receivership is like bankruptcy, where a court appoints a "receiver" to take over the finances of a troubled company. Eventually, Woodstream bought MM's assets - which included the debt Home Depot owed - and kept the company running.
http://www.projo.com/ri/northkingstown/ ... c268e.html
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Why Woodstream Corp. bought the Mosquito Magnet company
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Why Woodstream Corp. bought the Mosquito Magnet company
by MosquitoMagnet on Sat May 03, 2008 7:14 pm
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