ABB To Acquire Power-One For $1.03B

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ABB
ABB
announced its plans to buy Power-One
PWER
for around $1.03 billion. ABB will acquire Power-One for $6.35 per share. ABB shares closed at $21.42 on Friday, while Power-One shares closed at $4.04 on Friday.
Posted In: NewsM&Amerger and acquisition
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