ISRAELI FIRM SEEKS TO STAVE OFF FOREIGN INTEREST

  • Middle East Newsline
  • June 06, 2004
TEL AVIV [MENL] -- A leading Israeli defense firm has sought to staveoffforeign investors. Tadiran Communications has decided to invest $25 million to buybackshares of the company sold by Israeli investors to foreign interests.Thecompany told the Tel Aviv Stock Exchange that Tadiran's board ofdirectorswould purchase stocks on intervals during trading.
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