Hollysys Automation receives going private proposal for $15.47 phare in cash

Dec. 10, 2020 6:08 AM ETHollysys Automation Technologies Ltd. (HOLI)HOLIBy: Gaurav Batavia, SA News Editor
  • Hollysys Automation Technologies (NASDAQ:HOLI) has received an unsolicited non-binding proposal letter from a consortium comprised of Mr. Baiqing Shao, Ace Lead Profits Limited and CPE Funds Management to acquire all of the outstanding shares for $15.47 in cash.
  • The Company's

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