SPY464.72+0.19 0.04%
DIA359.14-2.06 -0.57%
IXIC14,893.75+86.94 0.59%

BRIEF-Premium Audio Company, Llc A Voxx International Corporation Subsidiary, Has Signed An Asset Purchase Agreement To Acquire The Audio/Video Business Of Onkyo Home Entertainment Corporation

reuters.com · 06/03/2021 08:35
BRIEF-Premium Audio Company, Llc A Voxx International Corporation Subsidiary, Has Signed An Asset Purchase Agreement To Acquire The Audio/Video Business Of Onkyo Home Entertainment Corporation

- VOXX International Corp VOXX.O:

  • PREMIUM AUDIO COMPANY, LLC, A VOXX INTERNATIONAL CORPORATION SUBSIDIARY, HAS SIGNED AN ASSET PURCHASE AGREEMENT TO ACQUIRE THE AUDIO/VIDEO BUSINESS OF ONKYO HOME ENTERTAINMENT CORPORATION

  • VOXX INTERNATIONAL CORP - TOTAL PURCHASE PRICE FOR TRANSACTION IS APPROXIMATELY $30.8 MILLION, PLUS ASSUMPTION OF CERTAIN LIABILITIES

  • VOXX INTERNATIONAL CORP - ADDITIONALLY, FUTURE COMMISSIONS ON CERTAIN SALES WOULD BE PAYABLE

Source text for Eikon: ID:nPn2TR7fa

Further company coverage: VOXX.O


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