[ARRL-OK] Fw: ARLX007 Motorola buys Yaesu

[D C (Mac) Macdonald]

---------- Forwarded Message ----------
Subject: ARLX007 Motorola buys Yaesu
Date: Mon, 5 Nov 2007 17:07:44 -0500
To: k2gkk at juno.com
CC: Subscribed ARRL Members:;
From: "ARRL Web site" <memberlist at www.arrl.org>

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