The sale of assets of its Parallel Computer Inc acquisition by General Automation Inc to Integrated Micro Products Ltd, Consett, County Durham (CI No 985) really is all wrapped up and out in the open now: the UK firm paid $900,000 in cash, securities and transferred debt, and the Anaheim, California Pick-popper will have to […]
The sale of assets of its Parallel Computer Inc acquisition by General Automation Inc to Integrated Micro Products Ltd, Consett, County Durham (CI No 985) really is all wrapped up and out in the open now: the UK firm paid $900,000 in cash, securities and transferred debt, and the Anaheim, California Pick-popper will have to take a $3.8m after-tax write-off on the unhappy adventure.