Did FPH people did their due diligence? I'm betting that The Pen Family is the only company that made an offer to buy. The same with Classic Fountain Pens (nibs.com).

I'm sad that the third or fourth generation of legacy companies are not interested in the family business as their career. I could understand if they wanted to start a legacy of their own, but instead they choose to be a cog in the machine of some big corporation.