Gamma to endure? 1/27/2010
Last week, BassFan published news that Gamma Technologies was quitting the fishing-line business so parent company Ferrari Importing could focus solely on its tennis business. A recent letter from Ferrari to Gamma and Frog Hair dealers confirmed that news, but noted the company "is currently negotiating with several interested parties about the purchase of its fishing division and associated product lines."

No word on potential buyers, but names that come to mind would certainly include Pure Fishing, as well as Rapala. Rapala has become quite aggressive in pursuit of marketshare in the line category after its acquisition of Sufix. Shimano might be another suitor, as it showed interest in the line market through its acquisition of PowerPro.