AST TO ACCEPT WRITTEN COMMUNICATIONS FOR SPECIAL COMMITTEE; RELATING TO SAMSUNG STOCK PURCHASE PROPOSAL.IRVINE, Calif.--(BUSINESS WIRE)--Feb. 14, 1997--AST Research Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ASTA) today announced that it has received numerous inquiries from shareholders, customers, investors and others expressing interest in the recent proposal by Samsung Electronics Samsung Electronics (SEC, Hangul:삼성전자; KSE: 005930, KSE: 005935, LSE: SMSN, LSE: SMSD) is a South Korean multinational corporation and the world's largest and leading electronics and information technology company. , and has forwarded written inquiries to the Special Committee that was formed by AST's board of directors on Jan. 30 to study the Samsung proposal. The Special Committee, comprised of three independent directors, has engaged legal counsel and is in the process of engaging financial advisors. Shareholders wishing to communicate with the Special Committee may do so in writing to: AST (AST Computer, Irvine, CA) A PC manufacturer founded in 1980 by Albert Wong, Safi Quershey and Tom Yuen (A, S and T). It offered a complete line of PCs that sold through its dealer channel. Special Committee, AST Research AST Research, Inc. was a personal computer manufacturer, founded in Irvine, California in 1980 by Albert Wong, Safi Qureshey and Thomas Yuen. (The name comes from the initials of their first names. Inc., c/o Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. , Mail Stop 1-24, P.O. Box 57005, Irvine, California 92619-7005. The Company is unable to forward phone calls to the Special Committee, and therefore asks that any communication be in writing. CONTACT: Emory Epperson (media) 714/727-7958 or Mariann Ohanesian (analyst) 714/727-7728 |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion