Reply to "De Tomaso ?? for sale in UK"

quote:
Anyone know what's the latest with detomaso?



The company is legally required to liquidate. According to Tom Tjaarda, Isabelle DeTomaso controls the company but is doing nothing with it. Except for the DeTomaso name, all the assets with any real value have already been sold. So you basically have the factory building, which is old, outdated and essentially worthless, and the DeTomaso name. She refuses to sell the name unless someone also buys the factory. There have been interested buyers, including Tom, for the name but the factory cost is a liability and makes the price too high to justify.
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