Article: Fleetwood Enterprises Completes Sale of Motor Home Assets to American Industrial Partners.

Fleetwood Enterprises, Inc. (BULLETIN BOARD: FLTWQ) , a leading producer of motorized recreational vehicles and manufactured homes, announced the closing of the previously announced sale of its motor home assets to American Industrial Partners Capital Fund IV, L.P. (AIP). The purchase price of $33.2 million is inclusive of certain assumed liabilities and is subject to customary post-closing adjustments.

Concurrently, Fleetwood terminated approximately 700 employees associated with this portion of its business. Affected employees were notified earlier this week. The new owners are expecting to hire approximately 650 employees over the next several weeks. Fleetwood ...

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