Just came across the tape. It's an $8 Billion deal. Shareholders can receive either $120 per share or shares in new company.I would look for cost-cutting moves - common when Wall Street firms take over businesses in industries with which they are not well acquainted.
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Topic - Harman International to be Sold to KKR/Goldman Sachs - bondmanp 06:15:41 04/26/07 (29)
- Re: Harman International to be Sold to KKR/Goldman Sachs - FrankF 17:55:12 04/26/07 (6)
- Re: Harman International to be Sold to KKR/Goldman Sachs - John Atkinson 03:43:35 04/27/07 (5)
- JA, so who's the front runner on buying Primedia's Magz Div? [nt] - Steve Cortez 04:58:27 04/27/07 (4)
- Re: JA, so who's the front runner on buying Primedia's Magz Div? [nt] - John Atkinson 08:57:08 04/27/07 (3)
- How much of a future is there for motorhead magazines? - Al Sekela 09:10:57 04/29/07 (0)
- Come now... can't be all bad working for a Musician if it comes to that :) [nt] - Steve Cortez 06:31:32 04/28/07 (0)
- Not sure I'd want to work for someone named "David Pecker"... - andy_c 18:28:53 04/27/07 (0)
- Does this mean the real Mark Levinson can buy his company back? - howard 13:37:07 04/26/07 (5)
- Re: Does this mean the real Mark Levinson can buy his company back? - Jim Smith 16:16:52 04/26/07 (4)
- Re: Does this mean the real Mark Levinson can buy his company back? - BrassTeacher 09:58:31 04/28/07 (3)
- Re: Does this mean the real Mark Levinson can buy his company back? - Brian Cheney 12:57:42 04/28/07 (2)
- Re: Does this mean the real Mark Levinson can buy his company back? - John Atkinson 09:53:52 04/30/07 (1)
- Re: Does this mean the real Mark Levinson can buy his company back? - Brian Cheney 19:40:03 05/01/07 (0)
- Re: Harman International to be Sold to KKR/Goldman Sachs - datman 13:19:52 04/26/07 (0)
- interesting deal, not necessarily a breakup - Bruce from DC 12:39:16 04/26/07 (8)
- I'll bet the board was unanimous, they'll all sell their shares - risabet 16:56:11 04/26/07 (6)
- Re: I'll bet the board was unanimous, they'll all sell their shares - theaudiohobby 02:00:52 04/27/07 (5)
- The sacred precept of Captalism ... - Feanor 14:07:28 04/28/07 (0)
- Your comment applies to the Mafia with equal validity. - Al Sekela 10:44:25 04/28/07 (0)
- I think this attitude sucks - Charles Hansen 18:30:04 04/27/07 (0)
- That is a paradigm that is in desperate need - risabet 07:48:31 04/27/07 (1)
- Indeed, you are correct... - rlw 07:57:34 04/27/07 (0)
- That press release is in keeping with the highest traditions - Bruce Kendall 14:44:27 04/26/07 (0)
- Re: Harman International to be Sold to KKR/Goldman Sachs - the roofman 12:12:04 04/26/07 (0)
- Here come the hatchets, KKR/Sachs will split up and - risabet 10:58:59 04/26/07 (1)
- Re: Here come the hatchets, KKR/Sachs will split up and - maabx 11:23:47 04/26/07 (0)
- Look for it being split up - Ed Sommer 10:03:39 04/26/07 (0)
- This is huge! - Zipcord 09:02:07 04/26/07 (0)
- Re: Harman International to be Sold to KKR/Goldman Sachs - middleground 06:27:49 04/26/07 (0)