- Harman International (NYSE:HAR) soars 26.18% to $110.60 in premarket trading after accepting a takeover offer from Samsung at $112 per share.
- Harman's board has already approved the deal, which is expected to close in the middle part of 2017.
- The company will operate as a standalone Samsung subsidiary and be led by Dinesh Paliwal along with the current management team.
- Previously: Samsung moves into the connected car market (Nov. 14)
Harman International +26% after Samsung swoops in
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Symbol | Last Price | % Chg |
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HAR | - | - |
Harman International Ind. Inc. |