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Bel Fuse Inc Agrees to Acquire Emerson Network Power Connectivity Solutions from Emerson for $98 Million


Friday, 16 May 2014 06:30pm EDT 

Bel Fuse Inc;:Entered into a definitive agreement to acquire Emerson Network Power Connectivity Solutions (ECS) business of Emerson Inc.Bel will pay about $98 mln in cash to acquire ECS business.Expected to close in the second quarter of 2014 and to be immediately accretive to Bel's earnings. 

Company Quote

23.22
0.62 +2.74%
24 Jul 2014