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Thursday, Sep 6
2012, 3:31 PM
Goldman Sachs appears to be actively seeking a buyer for struggling power conversion and...
Goldman Sachs appears to be actively seeking a buyer for struggling power conversion and management company Power One (PWER -8.8%). The founders of the company reportedly turned down two offers for the company last year from Schneider Electric (SBGSY.PK) and GE, at prices substantially above the current market value. Other suitors potentially include Panasonic, as well as China’s GCL-Poly Energy.