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NEC: Psst. Wanna Buy 281 Million Lenovo Shares?

Published on September 4, 2012
by John Paczkowski

NEC is preparing to unload its entire stake in Lenovo. The PC maker this week waived a restriction that prohibited NEC from selling the 281.1 million Lenovo shares it currently owns, setting the stage for the transaction. NEC is reportedly asking $235 million for the shares and has hired Credit Suisse to help it peddle them.

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URL: http://allthingsd.com/20120904/nec-psst-wanna-buy-281-million-lenovo-shares/