According to a press release on The Earth Times:
Ault Glazer & Co., Inc. recently acquired the Hayes Brothers Snowboard Company. Financial terms were not disclosed. One of the founders, and current manager, Mr. Stephen Hayes, will remain at the helm as the firm seeks to embark on their second decade in the snowboard industry. Mr. Hayes said, “This is an incredibly exciting time for Hayes Brothers and we expect this to be the year Hayes Brothers takes it to the next level.” . . . Ault Glazer & Co., Inc. is a diversified holding company that maintains stakes in various companies through its minority interests and wholly owned subsidiaries, and is involved in merchant banking, corporate lending, shareholder activism, real estate, healthcare, energy, consumer products & services, insurance and media.
[Link: The Earth Times]
