eMachines' ex-owner bids for Gateway

Iria · Aug 23, 2006, 05:36 PM

Source: CNNMoney
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NEW YORK (Reuters) -- Lap Shun Hui, owner of Joui International and the former owner of eMachines, said on Tuesday he has submitted a bid to buy the retail operations of computer maker Gateway Inc. for $450 million.

In a letter to Gateway's board, Hui also said he would be willing to explore buying all outstanding shares in the whole company.

Aug 23, 2006, 05:36 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	eMachines' ex-owner bids for Gateway Source: CNNMoney _______ NEW YORK (Reuters) -- Lap Shun Hui, owner of Joui International and the former owner of eMachines, said on Tuesday he has submitted a bid to buy the retail operations of computer maker Gateway Inc. for $450 million. In a letter to Gateway's board, Hui also said he would be willing to explore buying all outstanding shares in the whole company.