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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Tdk Corporation | TG:TDK | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.02 | -0.17% | 11.84 | 11.745 | 11.90 | 12.17 | 11.76 | 11.935 | 23,384 | 22:50:10 |
Contacts: Nobuyuki Koike TDK Corporation Tel.: 81-3-5201-7102 e-mail: nkoike@mb1.tdk.co.jp Francis J. Sweeney TDK U.S.A. Corporation Tel.: 516-535-2888 e-mail: frank.sweeney@tuc.tdk.com TDK USA Concludes Sale of its Interest in TDK Mediactive, Inc. Tokyo - December 3, 2003 - TDK Corporation (NYSE:TDK) announced today that TDK U.S.A. Corporation ("TDK USA"), a subsidiary of TDK Corporation, has concluded the sale of its 73% stake in TDK Mediactive, Inc. ("TDK Mediactive") to Take-Two Interactive Software, Inc. (NASDAQ:TTWO; "Take-Two"). The consideration paid for TDK Mediactive was approximately $17.7 million in total. Incident to the sale, the trademark license agreements covering the "TDK" and "MEDIACTIVE" trademarks have been terminated, except for limited sell-through rights respecting existing products, and TDK Mediactive has changed its corporate name to Take-Two Licensing, Inc. About TDK Corporation TDK Corporation (NYSE: TDK) is a leading global electronics company based in Japan. It was established in 1935 to commercialize "ferrite," a key material in electronics and magnetics. TDK's current product line includes ferrite materials, electronic components and ICs, wireless computer networking products, magnetic heads for HDD, digital recording hardware and advanced digital recording media. Net sales in FY2003 were approximately US$5.1 billion. For more information about TDK, please visit www.tdk.com. END
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