The Great Wall buys the United States to store company bubble soup obtains compensate 7.5 million dollar
April 13, 2008
Report from our correspondent (reporter Wang Jing) yesterday, hong Kong appears on the market science and technology of company Great Wall and domestic A appear on the market development of company Great Wall, release announcement to say at the same time, easy develop of bilateral and subordinate manufacturer of domestic hard disk buys the plan of American Iomega company to be replaced by EMC company. This also means easy develop curve to land button to hand in the plan of place to come to nothing.
The day before yesterday, the message says, american memory and Iomega of provider of network security system announce, this company had accepted EMC the cash that every 3.85 dollars, total prices is worth 213 million dollar buys quoted price, before will abandoning this in order to change the plan that means is bought by Yi Ta of the subsidiary below banner of Great Wall science and technology.
For this, iomega gives Yi Ta the penalty due to breach of contract that pays 7.5 million dollar.
Great Wall science and technology and Great Wall developed the announcement last night to give to afore-mentioned messages confirm. The personage expresses related Great Wall development, this item won’t cause adverse effect to company outstanding achievement, board of directors of Great Wall science and technology will continue to seek other and proper investment or business opportunity for its.
Tags: buys, great, States, store, The, United, wallAdvertisement
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