TCL Confirms Plan to Sell TCL Computer
SohuIT, 11/30/07
Yesterday TCL announced that media reports that the TCL Computer Technology plans to sell an 82% stake to a company registered in Hong Kong are true. In the announcement TCL stated that its negotiations to bring a strategic investor into its computer business are basically complete and that the company will transfer a portion of its computer shares to a foreign investor. This matter will be submitted to the company's Board of Directors on November 30th for review.
Keywords: TCL Computer M&A computer hardware