Honeywell Snaps Up EMS Technologies For $491M
Honeywell agreed to purchase all of EMS’ outstanding shares for $33 per share in cash, a price that represents a 33 percent premium to the company’s closing stock price on Friday. EMS took in $355 million in 2010 revenues.
The proposed deal would boost Honeywell’s rugged mobile computing business and expand its satellite communications capabilities, offering leading-edge technology to...
To view the full article, register now.