Deal closed Apr 2011 Verified
Nortek Acquires TV One
Nortek, through wholly owned subsidiaries, acquired all of the stock of TV One Broadcast Sales Corporation, Barcom (UK) Holdings Limited and Barcom Asia Holdings, LLC for approximately $26.1 million. TV One sells video signal processing products and will be included in Nortek's Technology Products segment.
“On April 28, 2011, the Company, through wholly owned subsidiaries, acquired all of the stock of TV One Broadcast Sales Corporation, Barcom (UK) Holdings Limited and Barcom Asia Holdings, LLC (collectively “TV One”) for approximately $26.1 million.”
Entities
Barcom (UK) Holdings Limited · Target Barcom Asia Holdings, LLC · Target Nortek, Inc. · Acquirer TV One Broadcast Sales Corporation · Target
Other Sentiment: Neutral
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