[Ccarc] Motorola to buy Yaesu

[Tom Murray]

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


Sent byTom  KB9WSL

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