[FARReps] Yaesu parent Vertex Standard Motorola acquisition target

[w3qx at qsl.net]

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From: "ARRL Web site" <memberlist at www.arrl.org>
To: <rsmorris at nelsoncable.com>
Cc: <Subscribed ARRL Members:>
Sent: Monday, November 05, 2007 5:07 PM
Subject: ARLX007 Motorola buys Yaesu


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


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