Samsung completes $8 billion Harman acquisition
Samsung Electronics has completed the acquisition of Harman International Industries in a deal worth $8 billion, the company announced. Harman stockholders will receive $112 per share in cash, and the deal was approved by the US firm’s stockholders and local and foreign regulators, the Korean company said. Harman will be 100 percent owned by Samsung, while Dinesh Paliwal will remain as Harman’s CEO. The company’s workforce, headquarters, […]