ICD =Interface Control Document接口控制文件
- Houston The agreement in principle calls for Emerson to exchange an 80% interest in its ICD Drives Inc. subsidiary for 7.6 million newly issued shares of Control Techniques, representing a 20% position.
- Emerson's ICD unit, which makes controls for industrial users, had 1990 sales of about $56.2 million, and pretax profit of $4.7 million.
- The congressmen included William Dickinson of Alabama, the ranking Republican on the House Armed Services Committee, a longtime friend and former business partner to ICD's president, Anthony S. Markris, said the Post.
- Since his appointment a reorganisation of ICD has been undertaken.
- They also sold warrants to PSB for a further 931,392 shares. PSB said it intends to requisition an EGM to replace three ICB directors with three of its own nominees and to seek control of ICD.
- The company and its supporters hold a total of 28.27 per cent as well as warrants to subscribe for a further 1.38m shares. The offer is deliberately pitched low and IMC said it did not wish to gain control of ICD.
- ICD Drives was later renamed CT Drives.