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  • GT Advanced Technologies Inc. Announces Amended Settlement Agreement With Apple

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    Forko Forkov
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    GT Advanced Technologies and Apple have amended their settlement agreement to waive the condition that a declaration filed by GT on October 8th be kept under seal and expunged. The amendment keeps the original Apple settlement agreement in force. GT has filed a motion for the bankruptcy court to approve the amended settlement agreement, which is scheduled to be heard on November 25th. GT Advanced Technologies produces advanced materials and crystal growth equipment for consumer electronics, power electronics, solar, and LED industries.

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    GT Advanced Technologies Inc. Announces Amended Settlement Agreement With Apple

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    GT Advanced Technologies and Apple have amended their settlement agreement to waive the condition that a declaration filed by GT on October 8th be kept under seal and expunged. The amendment keeps the original Apple settlement agreement in force. GT has filed a motion for the bankruptcy court to approve the amended settlement agreement, which is scheduled to be heard on November 25th. GT Advanced Technologies produces advanced materials and crystal growth equipment for consumer electronics, power electronics, solar, and LED industries.

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    16 vues1 page

    GT Advanced Technologies Inc. Announces Amended Settlement Agreement With Apple

    Transféré par

    Forko Forkov
    GT Advanced Technologies and Apple have amended their settlement agreement to waive the condition that a declaration filed by GT on October 8th be kept under seal and expunged. The amendment keeps the original Apple settlement agreement in force. GT has filed a motion for the bankruptcy court to approve the amended settlement agreement, which is scheduled to be heard on November 25th. GT Advanced Technologies produces advanced materials and crystal growth equipment for consumer electronics, power electronics, solar, and LED industries.

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    November 4, 2014

    GT Advanced Technologies Inc. Announces Amended Settlement Agreement With Apple(R)


    Amendment Keeps Apple Settlement Agreement in Force Despite Release of GT Declaration
    MERRIMACK, N.H., Nov. 4, 2014 (GLOBE NEWSWIRE) -- GT Advanced Technologies Inc. (OTC Pink: GTATQ) today
    announced that it has signed an amendment to the Settlement Agreement with Apple under which both parties have agreed to
    waive the condition that GT's October 8th declaration be kept under seal and expunged. GT has filed a motion seeking
    Bankruptcy Court approval of the Settlement Agreement and the Bankruptcy Court is scheduled to hear such motion on
    November 25, 2014.
    About GT Advanced Technologies Inc.
    GT Advanced Technologies Inc. is a leading diversified technology company producing advanced materials and innovative
    crystal growth equipment for the global consumer electronics, power electronics, solar and LED industries. Its technical
    innovations accelerate the use of advanced materials, enabling a new generation of products across this diversified set of
    global markets. For additional information about GT Advanced Technologies, please visit www.gtat.com.
    CONTACT: Media
    GT Advanced Technologies Inc.
    Jeff Nestel-Patt
    Jeff.Nestelpatt@gtat.com
    603-204-2883

    Investors/Analysts
    GT Advanced Technologies Inc.
    Ryan Flaim
    Ryan.Flaim@gtat.com
    603-681-3689

    Source: GT Advanced Technologies


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