Monday, 01 April 2002
Jerry Del Colliano
Rumors of Audio Research Sale Are True But No Deal Yet
Tube electronics legend Audio Research is officially on the block but, contrary to the rumors circulating in the AV industry, there is no buyer yet. There has been a rumor of a $1,500,000 purchase from rival Conrad Johnson however Lew Johnson, one of the founders of CJ, says “that is absolutely not the case.” Talk of other Chinese and Japanese companies have surfaced but Dave Gordon of Audio Research says that no one fitting that bill is even on the radar.