Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Gateway Receives Offer for Retail Unit
Aug 23, 2006
 Printable format
 Email this Article
 Search

Lap Shun Hui, owner of Joui International and the former owner of eMachines, said he has submitted a bid to buy the retail operations of computer maker Gateway Inc. for U.S. $450 million. Hui also said he would be willing to explore buying all outstanding shares in the whole company.

Hui said that to compete effectively, Gateway must separate its retail operations from its other businesses and make changes to improve its margins.

Gateway said in a statement that its board of directors will review the offer from Hui.

Gateway shuttered its 188 retail stores and now sells inexpensive PCs under the eMachines brand, which it bought in 2004, through major electronics retailers.

Back to Daily News

 

Daily News

...........................................................

Dec 22, 2014: Whirlpool headquarters improvements start a new phase

Dec 22, 2014: DOE's Building Technologies Office releases Roadmap for Emerging HVAC Technologies

Dec 22, 2014: Variable-speed circulation pump enables new Miele lab washers

Dec 22, 2014: The latest retail data breach: Staples

Dec 22, 2014: Consumer Spending Index is at its highest point of the year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows