#info on CIL/CBM
5 messages in this thread
COMMODORE INTERNATIONAL, LTD. (CBU)
INCORPORATED in Bahama Islands July 20, 1976, as a wholly owned subsidiary
of Commodore Business Machines (Canada) Ltd., and on Aug. 20, 1976,
effected a reorganization whereby all Com. shares of parent were exchanged
share-for-share for Cap. shares of Co. Subsequently, the Canadian concern
was dissolved. Former parent was incorp. in Ont. Oct. 10, 1958, as
Commodore Portable Typewriter Co. Ltd.; name changed to Commodore Business
Machines (Canada) Ltd. Feb. 7, 1962.
OFFICE- Sassoon House, Shirley and Victoria Sts., Nassau, Bahamas
(Tel.: 809-322-3807)
PRINCIPAL SUBSIDIARIES- wholly owned-
Commodore Electronics Ltd.
Commodore Business Machines, Inc.
Company also has numerous other subsidiaries with the name
Commodore in their titles.
Directors Officers
M. R. Ali Irving Gould Chairman & CEO
Irving Gould M. R. Ali Pres
A. M. Haig, Jr. R. B. Alexander V-P, CFO & Secy
R. D. Seligman A. D. Ricci V-P & Contr
Burton Winberg J. E. Goff V-P & Gen Counsel
Helmut Jost V-P
L. C. Eggebrecht V-P
S. G. C. Franklin V-P
H. E. Tan V-P
I think that information is outdated – For example Helmut Jost left the company
ages ago ! If you look up Cbu under Go ANALYZE you can get a report showing the
bonuses paid to directors ($ x mio) I guess thats miles outdated as well.
Commodore Germany by the way is a wholly owned subsidiary of a Commo company in
Holland – which in turn is a sub of the holding company. I guess the Dutch
"european holding company" now becomes the potential parent in any european
buyout operation !!
(The info regarding Holland owning Germany was given me by the managing
director of Commo Germany after I asked him a few weeks ago what would happen
if Commo USA went under !)
Cheers
Richard
Richard,
It appears that some of the information that was provided in the upload is
from the 1992 annual report.
>>I guess the Dutch "european holding company" now becomes the
potential parent in any european buyout operation !!<<
That's exactly what I've been thinking. The troubling part to me is that
Ali, by virtue of his position as a creditor, would likely still end up
with control of the whole thing. <sigh>
Hey, it's wait and see time.
Richard,
For the last nine months or so, Commodore Netherlands has been run by the
guy running Commodore Belgium, or is there another Dutch company which is
the Holding company?
Pete
Hello Peter !
That is indeed correct, but since the bankruptcy of C=Belgium, atleast one
of the employees now works for C=Holland, which is _not_ closed, and is
indeed the holding company of C= Germany … infact, that employee told us
that his current boss is from Germany.
Hmm, maybe the Amiga will be saved ?
Herman