[TowerTalk] [Amps] Interesting Merger in the Works?

[Gary Smith]

Motor-asu? Yaesu-rola? Eh?
Gary


----- Original Message ----- 
From: "Joe Giacobello" <k2xx at swva.net>
To: <towertalk at contesting.com>; <amps at contesting.com>; 
<FTdx-9000 at yahoogroups.com>
Sent: Monday, November 05, 2007 1:53 PM
Subject: [Amps] Interesting Merger in the Works?


> 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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