05.Apr.2001
Rainer Benda on ANF
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Metabox Selling ICS
Metabox selling ICS
As it became known from management circles Metabox AG, manufacturer of set-top-boxes,
currently are in negotiations regarding the sale of their 100% subsidiary ICS. ICS
produce bargain cash systems and was able to gain sales at the value of 2.29 USD in
1999. But meantime ICS has made application for insolvency at the district council
of Hildesheim, Germany.
No certain reason was given. According to press reports staffers did not get payed
since about two months and a preponderant part of them do not go to work, anymore.
Currently Metabox shares are dealt at the price of 1,40 Euro. The 52-weeks-high is at
45,80 Euro. The current price represents the 52-weeks-low.
[News message: 05. Apr. 2001, 22:41] [Comments: 0]
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