Tag: wabash-trailers

The History of Wabash Trailers

In 1983, infamous corporate raider Victor Posner, a pioneer in asset stripping and leveraged buyouts, purchased Evans Products. As usual, he sold off the company's assets to pay off debt from the buyout. One of these assets was Monon Trailer, which found itself seriously cash strapped without the backing of its parent corporation. Company executives [...]
Read More