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Domestically, Lester Electronics added several more component products during the early company years and after entering into contracts to supply components to several large domestic manufacturers, Lester Electronics grew into a multi-million dollar supplier that became publicly traded on the NASDAQ market and is rated Baa by a nationally recognized rating agency. (University of Phoenix, 2008) Recent changes in Shang-wa management and current offers to acquire their company from an outside corporation has put Lester into a delicate position of trying to hang onto their current exclusive distribution contract with Shang-wa while pursuing their secondary goals of breaking into the global market through capitol investments in Europe...
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