Just as I predicted, only it happened much quicker than I would have imagined.
H-D has been buying (relatively) small motorcycle and trike companies over and over again for the past 50 years and always dumps them not long after. I bet this has happened at least a dozen times since the early 1960's. Every time they make a purchase like that they suffer a financial loss when they resell the company, or just close it down for no understandable reason. I have no idea who is making the business decisions at H-D or why they buy and dump small companies.
But it is likely a good thing for Alta that H-D plans to abandon Alta as if they kept their investment in the company long enough, they would surely have run it into the ground, assuming that they had a business influence over Alta, which they probably did.
And I certainly hope that H-D didn't invest in the company just to snatch their technology and some of their employees before disappearing into the sunset.
