TITLE

Bel Fuse Still Angling for Power-One Sale

AUTHOR(S)
MacFadyen, Ken
PUB. DATE
May 2009
SOURCE
Mergers & Acquisitions Report;5/4/2009, Vol. 22 Issue 18, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article deals with the decision of power conversion company Power-One Inc. to accept a 60 million U.S. dollar capital infusion from mid-market private equity firm Silver Lake Sumeru. The move was criticized by competitor Bel Fuse Inc. that hold a more than eight percent stake in Power-One. Bel Fuse filed a 13D urging the company to divest assets and forego a capital investment that it claims will dilute current shareholders.
ACCESSION #
44127817

 

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