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BUSINESS
November 15, 1994 | CHRIS WOODYARD, TIMES STAFF WRITER
A major German computer distributor said Monday that it has agreed to acquire a majority stake in AmeriQuest Technologies Inc. of Irvine in a transaction valued at about $50 million. Computer 2000 AG of Munich said it wants the 51% interest in AmeriQuest so it can start selling computers in the United States. Both companies said the deal will be good for AmeriQuest too, because it will give the Southern California company a strong partner and an opportunity to expand.
BUSINESS
August 9, 1995 | DAN MARGOLIS
A German company has acquired controlling interest in AmeriQuest Technologies Inc., an ailing microcomputer systems and peripherals distributor, for $50 million. Munich-based Computer 2000, which had loaned the Santa Ana company $18 million last November, has purchased 62% of AmeriQuest for an additional $32 million. AmeriQuest lost $3.
BUSINESS
August 11, 1995 | DAN MARGOLIS
Computer 2000, a German company that acquired a controlling interest earlier this week in AmeriQuest Technologies Inc., a microcomputer company, said Thursday that it is replacing top AmeriQuest management with Computer 2000 executives. Steve DeWindt, currently co-president of Computer 2000, was named chairman and chief executive, succeeding Harold Clark, who will remain as a consultant.
BUSINESS
December 24, 1995
AmeriQuest Technologies Inc. received about $66 million of interim financing, which the company will use to lower existing lines of credit. The company said the interim financing was provided through lending sources of Computer 2000 AG, which owns or has the right to acquire a majority of AmeriQuest's voting stock.
BUSINESS
November 17, 1994
AmeriQuest Technologies Inc. said Wednesday that it has been sued by an investor seeking to block a proposed sale of the company to a German corporation. The suit, which seeks class-action status, alleges that the board of AmeriQuest breached its fiduciary duty when it agreed Monday to sell a majority stake to Computer 2000 AG, a German hardware and software distributor.
BUSINESS
June 11, 1998 | From Bloomberg News
Ingram Micro Inc. agreed to buy Tech Data Corp.'s majority interest in German computer products distributor Macrotron AG for $100 million in cash, the companies said Wednesday. Ingram Macrotron, as Macrotron will be renamed, places Santa Ana-based Ingram Micro "solidly as one of the top three computer distribution companies in Europe," said Ingram Micro Europe President Philip D. Ellett. Macrotron also operates in Austria and Switzerland and had revenue of $1.17 billion in 1997.
BUSINESS
August 11, 1995 | DAN MARGOLIS
Computer 2000, a German company that acquired a controlling interest earlier this week in AmeriQuest Technologies Inc., a microcomputer company, said Thursday that it is replacing top AmeriQuest management with Computer 2000 executives. Steve DeWindt, currently co-president of Computer 2000, was named chairman and chief executive, succeeding Harold Clark, who will remain as a consultant.
BUSINESS
August 9, 1995 | DAN MARGOLIS
A German company has acquired controlling interest in AmeriQuest Technologies Inc., an ailing microcomputer systems and peripherals distributor, for $50 million. Munich-based Computer 2000, which had loaned the Santa Ana company $18 million last November, has purchased 62% of AmeriQuest for an additional $32 million. AmeriQuest lost $3.
BUSINESS
November 15, 1994 | CHRIS WOODYARD, TIMES STAFF WRITER
A major German computer distributor said Monday that it has agreed to acquire a majority stake in AmeriQuest Technologies Inc. of Irvine in a transaction valued at about $50 million. Computer 2000 AG of Munich said it wants the 51% interest in AmeriQuest so it can start selling computers in the United States. Both companies said the deal will be good for AmeriQuest too, because it will give the Southern California company a strong partner and an opportunity to expand.
BUSINESS
October 30, 1998 | Bloomberg News
Ingram Micro Inc.'s stock fell Thursday, apparently amid investor concern that the personal-computer distributor's profits will be hurt by price cutting in Europe. Shares of Santa Ana-based Ingram Micro, the world's biggest personal computer distributor, dropped $4.13, or 8.3%, to $45.75. Shares of another distributor, Tech Data Corp., fell $4.75, or 11%, to $40.06. Ingram Micro told analysts that pressure to cut prices on PC products was increasing in Europe.
BUSINESS
September 11, 1996 | GREG MILLER, TIMES STAFF WRITER
AmeriQuest Technologies Inc. said its chairman and chief executive, Steve DeWindt, has decided to resign rather than take part in the company's planned move to Florida. Harry Krischik, an executive with AmeriQuest's parent company, was named chairman. Michael Dressen, who was recently appointed president of AmeriQuest, will also be appointed to the company's board of directors. The company said that the CEO position will not be filled.
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