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DALLAS -- EMS company TXP Corp. took another blow last week as a major creditor demanded reimbursement by today.

YA Global on Jan. 8 notified TXP of its default over a failure to pay more than $250,000 and is demanding the company assemble all its pledged property, which YA Global intends to take possession of today. Read more ...

SANTA CLARA, CA – EMS firm NBS will acquire CompServ, whose president will head the companies, the company said today. Financial terms of the deal were not disclosed.

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SAN JOSE -- Flextronics is analyzing the potential effects of Nortel’s impending bankruptcy on the EMS company’s finances and operations.

The contract assmbler has contracted with Blackstone Group as a financial adviser to study the impact, the company revealed.

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