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Friday, 10/10/2014 11:20:37 AM

Friday, October 10, 2014 11:20:37 AM

Post# of 41703
GT Advanced Technologies (GTAT) Says Sapphire Operations Must be Wound Down (AAPL)

October 10, 2014 11:11 AM EDT
GT Advanced Technologies (NASDAQ: GTAT) says sapphire operations must be wound down and that cash burn for Apple (Nasdaq: AAPL) benefit is «not sustainable.»

GT also wants to reject sapphire operations accords with Apple, saying they will "no longer be required."

GT would like to wind down sapphire operations by December 31, 2014.
http://www.streetinsider.com/Hot+Corp.+News/GT+Advanced+Technologies+%28GTAT%29+Says+Sapphire+Operations+Must+be+Wound+Down+%28AAPL%29/9902691.html?si_email_click=2014101011
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