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.
Somehow I don't think Ham Rigs will be a priority... Vy 73, Bob DJ0MBC/WU5T No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.503 / Virus Database: 269.15.22/1111 - Release Date: 05.11.2007 04:36 _______________________________________________ Elecraft mailing list Post to: [email protected] You must be a subscriber to post to the list. Subscriber Info (Addr. Change, sub, unsub etc.): http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/subscribers.htm Elecraft web page: http://www.elecraft.com
