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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

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