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Tue, 6 Nov 2007 01:34:58 -0500 |
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ARLX007 Motorola buys Yaesu
ZCZC AX07
QST de W1AW
Special Bulletin 7 ARLX007
>From ARRL Headquarters
Newington CT November 5, 2007
To all radio amateurs
SB SPCL ARL ARLX007
ARLX007 Motorola buys Yaesu
Motorola USA has announced its intention to launch a tender offer to
acquire a controlling interest in Vertex Standard Co, Ltd. Vertex
Standard is the parent company of Yaesu. Motorola will own 80
percent of Vertex Standard; Tokogiken, a privately held Japanese
company, controlled by current president and CEO of Vertex Standard
Jun Hasegawa, will retain 20 percent, forming a joint venture. The
total purchase price for 80 percent of the outstanding shares on a
fully diluted basis will be approximately US $108 million.
NNNN
/EX
Best wishes,
FRED ADAMS W4HC
FIGHT TRUTH DECAY
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