This is great news IMO.A main contributor to earnings growth in...

This is great news IMO.

A main contributor to earnings growth in the future will be the European business. I always thought it was very dis-appointing to be selling this business, particulary as other have put it, at a loss and to Hurley.

If VPG can afford to hold on to this business and clean out the management members that may have kept the true value of this business down then what a tremendous outcome.

The disclosure and announcement practices since Hurley has stepped away are so refreshing.

I would much prefer to sell Sheratin Noose and parhaps some other assets rather than the European business at this stage in the cycle just as a slow recovery begins.