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 : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: Sean who wrote (8791)5/25/1999 11:48:00 AM
From: Fundamentls  Read Replies (1) | Respond to of 17679
 
Hard to know why Reiter deal changed, but it could be as simple as AXC realizing it did not need captive expertise in this area, and Reiter majority holders deciding they were happy to remain independent. Sometimes deals that look important at one point in time seem less so later on, and it can work out well for both parties to restructure. Could be something else going on, of course, but I never really did understand why they thought they would need Reiter to be captive long-term.