Philips To Acquire Genlyte

Philips To Acquire Genlyte

Genlyte Group Inc. (Genlyte) today announced it has entered into a definitive merger agreement with Philips Holding USA Inc. (Philips), a fully-owned subsidiary of Royal Philips Electronics pursuant to which Philips will acquire Genlyte in an all-cash transaction for approximately $2.7 billion USD that will create on

Register to view the full article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish