Commodore Liquidation
30-Apr-94 00:42:34
Sb: #141509-Commodore Liquidation
Fm: Dave Haynie/C128 Land 76703,2047
To: Jim Drew/UUI 72662,14
Jim,
This is inaccurate. Please read the Reuters report. The liquidation is of
Commodore Electronics Ltd. with Commodore International as the next step
(which CIL mgmt has already announced).
It is no longer an issue of CBM US vs CBM UK, etc. CBM UK and the other
"nationals" were simply sales arms of CIL/CEL. The liquidation of CIL/CEL
means the liquidation of all corporate assets including CBM UK, CBM GER, etc.
It also includes the factory in the Philipines and basically any other asset at
all related to C=, period.
John