HTC suspends its stock market quote: is the purchase coming from Google?
By: Fedora Atjeh | 9/20/2017 11:10:00 PM
HTC today announced to the Taiwan Stock Exchange that it will suspend its listing on the stock market starting tomorrow. As reported by the Financial Times citing local media in Taiwan, the company's shares are held pending the release of important information in the next few hours or days.
As it could not be otherwise, this announcement has revived rumors about the possible purchase of the company by Google. This is a possibility that has been talking about for weeks after the beginning of August that the company might be thinking of selling because of its financial problems.
Regarding these rumors, the only thing that HTC has done so far has been to say that they will not make any kind of statement about it. Therefore it is waiting to receive new information, something that the suspension of your quote could be imminent.
Although for now all rumors, the popular filterer Evan Blass has assured a few minutes ago that an anonymous source has sent an invitation from HTC to their workers for a meeting that will take place tomorrow. According to that note, the issue to be discussed would be the sale of the company to Google.
Seen the record of successful leaks of Blass seems unlikely to be inventing, still it is necessary to treat the matter with all the prudence of the world to be only a rumor. And is that in the end there is always the possibility that the ad ends up being another.
In any case, according to the person who has sent the filter to this internal note, Google and HTC would have already finalized their agreement to carry out the operation. According to this agreement, according to this internal anonymous source, HTC would sell several goods related to its hardware to Google, although it would maintain the rights over its brand.
So it remains to be seen if all these rumors end up being true. And if so, it will be interesting to see what parts of HTC can end up being Google, what are their plans for the future, and what will the Taiwanese company do from this possible partial sale.