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Last I heard is that the Stern family sold all their shares to the Nrets family as of yesterday. [nt]
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It's not only a rumor -- both Bloomberg and CNN just confirmed it, so it's officially true. [nt]
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PP - the company - was offered to me at a friends and family discount. I responded āIād rather have a piece unique Nautilus.ā The deal fell apart shortly thereafter [nt]
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The Sterns sold to the Wilsdorf Foundation that runs Rolex with the combined company now to be called Rotek Philex
As a result of the merger 50% of the world's total stainless steel sports watches will no longer be available at any ADs.