Marker International MRKR Ski Bindings,clothing,snowboards Message Board

STOCKTALK

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.

Non-Tech : Marker International MRKR Ski Bindings,clothing,snowboards

MRKR 0.865

-1.7%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: capitalistbeatnik who wrote (171)	12/31/1998 7:51:00 PM
From: John R Resseger	Read Replies (2) of 360

Hi James Who says $1 won't buy you anything these days. On December 14, 1998, Marker AG, a corporation organized and existing under the laws of Switzerland and a wholly-owned subsidiary of Marker International, sold its 480 shares of common stock, CHF 1,000 par value per share, of DNR Sportsystem Ltd. ("DNR"), representing an 80% ownership interest in DNR, to the Richard H. Novak Trust for US $1.00 and the elimination of all outstanding intercompany balances. Marker International operated its snowboard business through DNR. The sale of Marker International's interest in DNR is in furtherance of the disposition by Marker International of all of its snowboard business assets. I wonder if the factory and the equipment are excluded. Hope to do some snowboarding this year....out west.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next