#Rumor Roundup
On 28 June, AmigaWorld is reporting that a "half dozen" companies are
interested in all or part of Commodore's assets. These company's
identities cannot be made public, according to AmigaWorld, because of a
court order by the Bahamian Supreme Court.
It was reported that all interested parties have until 15 July 1994 to
submit written proposals _and_ cash deposits. It is not known when any
announcement will be made as to who will have acquired what, but all
parties are aware that time is of the essense and an announcement IS
expected within 7-10 days after the 15 July deadline.
To date, only one entity has submitted a written proposal and placed a
good faith cash deposit. While this group has not be identified, they
reportedly have committed to resuming production of all current Amiga
models (4000, 1200, CD32) and continued Amiga development.
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The above is basically what AmigaWorld is reporting. Give them a call
directly at 800-441-4403 ext 365 for their recorded message and see how
well (or not) I've paraphrased … I've been told this number also works
from Canada.
Now, according to rumor mill stuff, Channel 4000, a dealer news service
(which is ending its operation this Thursday) sponsored by Alpha, the
former marketing folks for Newtek, are reporting that ALL bidders have
dropped out except for a small consortium consisting of the US
distributor, CEI (Creative Equipment, Inc., located in Miami) and an
entity known as Electric Brain.
It is rumored that Samsung's bid, which was rejected by the court on 31
May, was for $1.2M. Samsung appears to be totally out of the picture,
having not submitted a higher bid since then.
The entity who has submitted the written proposal, cash deposit, and
commitment to the continuance of the desktop systems is said to be the CEI
consortium. Recently CEI has bankrolled the production of the 1962
monitors and are about to produce a networking card.
-sja