GENERAL INSTRUMENT HOLDING IN SYTEK TO BE ACQUIRED BY HUGHES AIRCRAFT

General Instrument Corp says it will receive about $50m for its majority shareholding in Sytek Inc, to be acquired by General Motors’ Hughes Aircraft unit (CI No 1,129).

General Instrument Corp says it will receive about $50m for its majority shareholding in Sytek Inc, to be acquired by General Motors’ Hughes Aircraft unit (CI No 1,129).