#Samsung buys Amiga
10-May-94 15:26:17
Sb: #144500-#Samsung buys Amiga
Fm: John M. Vreeland 73204,1450
To: Steve Ahlstrom 76703,2006
There's been a lot of talk everywhere out there on the phone lines
about …"I can't say who but somebody's trying to get the rights to make the
1200" … that sort of thing. That some entity might buy the Amiga to bury out
of reach of other ambitous hands it is an unlikely but possible outcome – if
not in the USA/Japan/EU spheres then perhaps in the Bahamas.
Word about the Bahamas – my lawyer tells me that although they
certainly have laws that favor the establishment of foreign corporate HQ's
(taxes for one reason), there's not as much underhandedness as I had thought
previously. They have many odd laws to protect themselves against
overly-aggressive foreign investment, such as coerced local partnerships, but
that's merely a way to prevent companies from siphoning all their profits out
with a minimum of investment. If Irv had wanted to sell Amigas to Bahamians
(I'm sure the thought never crossed his mind) he'd have trouble doing it
directly. Of course, he's have trouble anywhere, wouldn't he?
"NTSC-Not Terribly Sophisticated Circuitry"
-Vree in South Carolina