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Klipsch sold for 166 million


Heritage_Head

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I know we heard about the non-binding term sheet that was signed but it looks like it’s now pretty much a done deal

Sounds like they’re going to let klipsch be s Standalone Company hope they mean what they say and don’t mess up a great thing and if anything gives klipsch a bigger budget.

http://www.google.com/url?sa=t&source=web&cd=5&ved=0CDUQFjAE&url=http%3A%2F%2Fnews.softpedia.com%2Fnews%2FAudiovox-Buys-Out-Klipsch-for-166-Million-US-dollars-182601.shtml&ei=DWjHTcimHcnZ0QGq2YWCCA&usg=AFQjCNEIA23WyALWr40rE62wLN86giM3wQ Ps. Sorry if this is old news for everyone the article is feb 2011
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