[South Florida DX Association] Fw: ARLX007 Motorola buys Yaesu

[K2EWB]

> 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
>