Audiovox to buy Terk

Peter Parker

Formerly Geronimo
Original poster
Supporting Founder
Lifetime Supporter
Sep 9, 2003
12,278
1,951
http://biz.yahoo.com/ap/041216/audiovox_terk_1.html

13.6 million plus a debenture based on future revenue targets. No details of that target were released. The deal is expected to close by year end.

It is estimated that Terk will have 2004 sales of about $50 million. Audiovox posted revenue of $1.32 billion for 2003.
 

Users Who Are Viewing This Thread (Total: 0, Members: 0, Guests: 0)

Who Read This Thread (Total Members: 1)