Scott_Lip
Agent
- Joined
- Nov 18, 2002
- Messages
- 38
I just got word that Recoton was sold. The winning bid was made by 2 companies, one is a French VERY major manufacturer, and the other is a long island manufacturer. Apparently, part of the sale is Subsidized by the Frech government.
Sounds like acoustic Research should be very well capitalized with their new owners...
I'm not sure when the 'official' press release will be.
Sorry I can't name names, but I'm not sure how sensitive the info is that I have received
Sounds like acoustic Research should be very well capitalized with their new owners...
I'm not sure when the 'official' press release will be.
Sorry I can't name names, but I'm not sure how sensitive the info is that I have received