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ABB To Acquire Power-One For $1.03B

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ABB (NYSE: ABB) announced its plans to buy Power-One (NASDAQ: 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: merger and acquisitionM&A News

 

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