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Audiovox Communications Officially Sold

Article Comments  13  

Nov 2, 2004, 2:24 PM   by (staff)

Audiovox Corporation announced late yesterday that it has completed the sale of its cellular subsidiary, Audiovox Communications, to UTStarcom. The $165 million cash deal, initially announced in June, officially closed Monday afternoon after receiving regulatory and shareholder approval. Toshiba's former 25% stake was repurchased as part of the terms. The new company will be known as UTStarcom Personal Communications.

more info at Audiovox »



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Subject Author Date
What about Toshiba? jukebox2 Nov 5, 2004, 2:10 PM
PPC 6600 djshaitown Nov 5, 2004, 11:57 AM
so long audiovox!!! MobileMerc Nov 2, 2004, 4:21 PM
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