Motorola to Buy Yaesu

[Bob DeHaney]

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.

Somehow I don't think Ham Rigs will be a priority...

Vy 73, Bob DJ0MBC/WU5T

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