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Date: | Mon, 5 Nov 2007 15:31:20 -0700 |
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FYI
SB SPCL @ ARL $ARLX007
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
###Thank you!
Brett Winchester
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ICBVI -- Reading Services
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