UK's Mordaunt-Short Speaker Brand Acquired by Richer Sounds
The shock news on November 18, 1998---that the highly regarded British speaker brand Mordaunt-Short was to be closed down (see <A HREF="http://www.stereophile.com/news/10316/">previous story</A>)---seems to have achieved the desired result. On December 30, Audio Partnership plc announced it was acquiring the Mordaunt-Short brand from TGI plc (Tannoy Goodmans International).