Koor Industries' Affiliate ECI in Discussions Regarding Potential Sale of ECI for 10$ Per Share Jun 17, 2007
TEL AVIV, Israel, June 17 /PRNewswire-FirstCall/ -- Koor Industries Ltd. (NYSE: ) ("Koor"), a leading Israeli holding company, announced that its affiliate (28% Holdings) ECI Telecom Ltd. ("ECI") (Nasdaq: ) today announced, in response to media reports, that it is currently in discussions with a group of investors led by Swarth Investments, an investment vehicle controlled by Shaul Shani, regarding a potential acquisition of all the shares of ECI by the group for a consideration of $10. 00 per... (PR Newswire)
ECI Reports Continued Rise in Profits in Third Quarter 2006 Oct 26, 2006
ECI Telecom Ltd. , a global provider of advanced telecommunications solutions to leading carriers and service providers, reported today that revenues for the quarter ended September 30, 2006 reached $170 million, a 5% increase from the $162 million recorded in the third quarter of 2005 and similar to the level recorded in the second quarter of 2006 ... Notwithstanding the strategic importance of this division, we are committed to reduce the financial impact it now has on our results," concluded... (CNBC -- Research Alerts)
Identify the Leading & Niche Companies Operating in the World's Internet Protocol Television (iPTV) Market Aug 23, 2006
Identify the Leading & Niche Companies Operating in the World's Internet Protocol Television (iPTV) Market: Financial News - Yahoo. Retirement & Planning. (Yahoo! Wire -- Entertainment News)
Industry: Nokia Siemens Deal Means More Deals Are Due Jun 20, 2006
By Patrick Lannin, Reuters and Siobhan Kennedy, Reuters June 19, 2006. STOCKHOLM/LONDON (Reuters) By merging their telecommunications networks equipment units, Siemens and Nokia will boost their wireless position and put pressure on smaller rivals to consolidate, analysts said on Monday. (eWeek)
