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Nortek Sold to British Investment Company

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BREAKING NEWS

Melrose logoThe summer continues to heat up with the second major acquisition announcement in two days. Melrose, PLC, a UK-based investment company that buys underperforming companies, improves their operations, and then resells them, has acquired Nortek, Inc. in a deal that pays Nortek shareholders $86 per share – a 38% premium over yesterday’s closing price. The deal, an all-cash offer, is expected to close by the end of August.

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InfoComm 2016 Said to Break All Records, Again

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InfoComm 2016 OpeningInfoComm 2016 is the commercial AV technology industry trade event that just wrapped up last Friday, June 10, after an apparently very successful week at the Las Vegas Convention Center. According to the organization, the event set all-new records for: number of exhibitors, exhibit space sold, training class enrollees, and number of attendees.

Get all the details on the InfoComm 2016 event… [Read more…] about InfoComm 2016 Said to Break All Records, Again

Wren Goes Universal

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Wren logoWren Sound Systems earlier this month announced an updated version of their popular V5 wireless speaker system called the V5US. The “US” in the model designation does not refer to the United States, rather, it stands for universal system – and it represents a significant upgrade of the company’s popular system.

See more on just what US means and why it will be popular with consumers… [Read more…] about Wren Goes Universal