Sep. 3, 2013, 1:40 PM
- Sparton (SPA +1%) completes the acquisition of flat panel/touch-screen display solutions provider Aydin Displays from Video Display (VIDE +1.7%).
- The purchase price is comprised of cash, a 1-year 8% hold-back of the upfront price, and a $6M contingency based on Aydin's EBITDA in the next year. The subsidiary has a revenue run-rate of $18M.
Video Display Corp. engages in the manufacturing and distribution of display devices, encompassing, among others, industrial, military, medical, and simulation display solutions. The company operates through four divisions: Data Display CRTs, Cyber Secure Products, Simulation & Training Products... More
Industry: Computer Peripherals
Country: United States
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