[TenTec] FW: ARLX007 Motorola buys Yaesu

Ron Notarius W3WN wn3vaw at verizon.net
Mon Nov 5 19:11:25 EST 2007


I just checked the calendar, and no, it's not April 1st.

But this is certainly stunning news!

-----Original Message-----
From: ARRL Web site
Sent: Monday, November 05, 2007 5:08 PM

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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