Blackstone smells cash, that's all. Leica is a well run company, making great products and the right decisions..so far anyway. Maybe they will ramp up production of lenses just a little bit to eliminate some of the supply/demand issues.
Seems a sound proposal from both sides, and nothing more than a normal business decision.
"Making money in the stock market is easy. Buy some stock and when it goes up sell it. If it doesn't go up don't buy it."
Take a gander at the threads on RFF and the Leica forum (L-forum) for a lot more on this.
Sounds like the death of the M line and the S line will be stripped down to compete with the Canon and Nikons, or the S may survive to compete with the Hassy and Mamiyas; as it does now. But I think there is much more $$$ to put out a D3X competition in the same price point. Investors want returns ASAP. Makes me ill to think about a micro four thirds becoming the new M camera.
I'm a lover of Leicas but also know it struggles a bit from time to time and would not sell 44% if it were cash flushed and running well.
Hopefully my doom and gloom attitude is completely wrong, and Leica stays elite and continues to make superior equipment.
Don't worry, in a few months they'll have a passing conversation with a savvy investor who'll show them some 4x5 chromes he produced with his rickety Tech III. They'll immediatley realize they've overpaid and underperformed. Isn't that what owning a Leica is all about? ;J Sorry Leicaphiles, I couldn't resist.