September 13, 1994
American Mobile Systems Inc. in Woodland Hills said Nextel Communications Inc., a wireless communications company, has offered to purchase all the American Mobile shares it doesn't already own for about $73 million. Nextel earlier agreed to acquire up to 65% of American Mobile equity for a combination of cash and properties in Florida. It currently owns about 9% of American Mobile's shares. Under the new proposal, Rutherford, N.J.
March 30, 1993
A New Jersey company has agreed to acquire a majority interest in American Mobile Systems Inc., a struggling Woodland Hills-based provider of radio-dispatch and mobile-radio services in the Southeast, for a total of about $65 million. Fleet Call Inc. in Rutherford, N. J., said it will purchase at least 7.14 million shares of American Mobile stock for $7 per share in cash and Florida mobile radio properties, or a total of $50 million.
March 2, 1993
American Mobile Systems Inc., a struggling Woodland Hills-based provider of radio-dispatch and mobile-telephone services, said it has tentatively agreed to merge with Transit Communications Corp. and JCC Holdings Inc., two privately owned mobile radio dispatch services based in Georgia. American Mobile said its shareholders would receive 41% of the stock of the combined companies. Transit Communications would receive 40%, and JCC Holdings would receive 19%, American Mobile said.
December 15, 1992
American Mobile Systems Inc., a Woodland Hills provider of mobile radio communications, said it filed an application with the Federal Communications Commission seeking permission to implement a wide-area digital mobile network within Florida. If the request is granted and if financing is available, the company said it plans to construct a mobile network within Florida using new equipment to enhance its portable and mobile telephone service.
October 13, 1992
American Mobile Systems Inc., a struggling Woodland Hills-based provider of radio-dispatch and mobile-telephone services, said it agreed to sell most of its Philadelphia-area assets for $3.5 million in cash to Philadelphia Mobile Communications Inc. The deal, which American Mobile previously announced without disclosing the buyer, still requires approval from the Federal Communications Commission. But American Mobile expects the transaction to close within 120 days.
September 22, 1992
The former accountant for American Mobile Systems Inc. has written the Securities and Exchange Commission saying that the Woodland Hills company's "ability to continue as a going concern" and plan of operations for 1993 deserve more scrutiny. The Big Eight accounting firm, Deloitte & Touche, said in a September letter to the SEC that, because it was dismissed by American Mobile last month, it was not able to complete "expanded procedures" related to several matters.