[SCCC] Fw: [Amps] Interesting Merger in the Works?

Michael Tope W4EF at dellroy.com
Tue Nov 6 09:14:50 EST 2007


FYI - Mike W4EF.............

----- Original Message ----- 
From: "Joe Giacobello" <k2xx at swva.net>

> TEL AVIV (MarketWatch) -- Motorola Inc., (MOT 
> <http://www.marketwatch.com/quotes/mot>:
> Motorola, Inc. the Schaumburg, Ill., communications-equipment giant, 
> said on Monday that it bid $108 million for 80% of Japan's Vertex 
> Standard Co., a provider of two-way-radio-communications solutions. 
> Motorola also said it would form a goint venture with Tokogiken, a 
> company controlled by Vertex President and Chief Executive Jun Hasegawa, 
> which will hold the other 20% oof Vertex. The deal price is 2,214 yen 
> ($19.38) a share, reflecting a premium of 38% over Vertex Standard's 
> closing price on Friday and 41% over the three-month average closing 
> price. Vertex Standard's board has approved the terms, Motorola said.
> 
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