Director Acquires 8% Stake in TeleVideo
From States News Service
A director of TeleVideo Systems acquired an 8.1% interest in the Sunnyvale, Calif.-based company when it acquired Advanced Transducer Devices last October, according to a filing with the Securities and Exchange Commission.
Young Ho Kim received 3.8 million TeleVideo common shares in exchange for 1.7 million Advanced Transducer common shares, or 65.9%.
Kim is still chairman and CEO of Advanced Transducer. TeleVideo manufactures video display terminals.
