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OldKnight

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OldKnight

Re: None

Tuesday, 10/21/2014 12:11:17 PM

Tuesday, October 21, 2014 12:11:17 PM

Post# of 41703
Seeking Alpha:

GT Advanced nears settlement with Apple

Oct 21 2014, 11:04 ET | About: GT Advanced Technologies, Inc. (GTAT) | By: Eric Jhonsa, SA News Editor

GT Advanced (GTAT) and Apple "are on the cusp of a consensual global settlement," GT says in a new court filing.
Attorney Luc Despins: "We’re optimistic that in the next hour or so we will have a signed settlement agreement with Apple. Optimistic, no guarantees of that." He adds the deal "resolves a lot of the issues before the court" in terms of explaining GT's bankruptcy filing.
GT shares are up 101.6% on the pink sheets to $0.73.
Last week: GT's bankruptcy hearing delayed

I would never presume to give advice of any kind to such worthy and knowledgable comrades. You should therefore do your own research rather than pay attention to the ramblings of this old man.

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