SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Motorola (MOT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Terror who wrote (1028)5/13/1998 11:09:00 AM
From: Ashley Campbell  Read Replies (1) of 3436
 
"Investor Group Fails To Purchase Motorola's Transmission Products Division as Agreed"

Full Story:

biz.yahoo.com

************
I hadn't seen this posted...this concerns me as I assume
there will be charges associated with closing the
Huntsville plant. Specifically:

"Because of this unexpected development, Motorola is now forced to close its facility in Huntsville, Alabama during July 1998. ''We will offer assistance for our
people who have worked with us during this difficult period,'' said Rick Lane, general manager of TPD. ''Motorola will provide resources for all associates,
including relocation opportunities, outplacement assistance and counseling.''

Comments?

-ac
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext