Zoom Technologies (ZOOM) has been alerted on Twitter, as a trading opportunity, after company’s announcement of the execution of a definitive agreement pursuant to which it will sell its China-based manufacturing, sales and marketing, and R&D subsidiaries, and that the proceeds of the sale will be used for the purchase of additional U.S.-based businesses. Zoom […]
Zoom Technologies, Inc. (Nasdaq: ZOOM) announced today that it it has signed a definitive agreement to acquire a 55% share of Portables Unlimited LLC (“Portables”), one of the largest exclusive wholesale distributors of T-Mobile products in the United States . Upon closing of the acquisition, ZOOM will establish its international headquarters in Portables’ offices at […]
