[ETS/PARC List] ARLX007 Motorola buys Yaesu]

[Drew Moore]

-------- Original Message --------
Subject: 	ARLX007 Motorola buys Yaesu
Date: 	Mon, 05 Nov 2007 17:07:44 -0500
From: 	ARRL Web site <memberlist at www.arrl.org>
To: 	drumor at optonline.net
CC: 	Subscribed ARRL Members: ;



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