-----Original Message-----
From: ft-2000@yahoogroups.com [mailto:ft-2000@yahoogroups.com] On Behalf Of
Daniel SANDU
Sent: Monday, November 05, 2007 12:41 PM
To: ft-2000@yahoogroups.com
Subject: [ft-2000] Japan's Vertex Standard agrees to Motorola bid
Some news abt Yaesu...
FYI
TOKYO, Nov 5 (Reuters) - Vertex Standard Co Ltd (6821.Q: Quote, Profile,
Research), a Japanese maker of transceivers, said on Monday that it has
agreed to be bought by U.S. mobile firm Motorola Inc. (MOT.N: Quote,
Profile, Research) in a deal worth 7.7 billion yen ($67.4 million).
Motorola aims to buy up to 3,479,900 shares of Vertex Standard, or 51
percent of the company's outstanding shares, offering 2,214 yen apiece. That
is 35.5 percent above Monday's closing price.
A spokesman for Vertex said that Motorola will eventually aim to boost its
stake to 80 percent.
The bid will start Nov. 6 and end on Dec. 26. If the bid succeeds shares of
Vertex would be delisted from the Jasdaq Securities Exchange.
The spokesman said the deal will be beneficial as Vertex's sales channel in
Japan and its know-how of product development could be attractive to
Motorola, while Motorola's worldwide networks should help expand Vertex's
global reach.
__________________________________________________
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam protection around
http://mail.yahoo.com
[Non-text portions of this message have been removed]
Yahoo! Groups Links
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/ft-2000/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/ft-2000/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:ft-2000-digest@yahoogroups.com
mailto:ft-2000-fullfeatured@yahoogroups.com
<*> To unsubscribe from this group, send an email to:
ft-2000-unsubscribe@yahoogroups.com
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
_______________________________________________
CQ-Contest mailing list
CQ-Contest@contesting.com
http://lists.contesting.com/mailman/listinfo/cq-contest
|