|
|
Article: Vishay Announces Intention to Spin Off Measurements and Foil Resistor Businesses to Stockholders.
- Article from:
- Electronics Newsweekly
- Article date:
- November 11, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Vishay Intertechnology, Inc. ("Vishay") (NYSE:VSH) announced that it intends to spin-off its measurements and foil resistor businesses into an independent, publicly-traded company to be named Vishay Precision Group, Inc. The spin-off is expected to take the form of a tax-free stock dividend to Vishay's stockholders and it is anticipated that holders of Vishay common stock will receive common stock of Vishay Precision Group and holders of Vishay Class B common stock will receive Class B common stock of Vishay Precision Group. Vishay has not yet finalized details of the spin-off.
Vishay's Board, assisted by independent financial and legal advisors, believes that ...
Related newspaper, magazine, and journal articles:
|
|
Article: ATS completes sale of precision group.(BUSINESS)
The Record (Kitchener, Ontario);
January 8, 2009 ;
700+ words
...Byline: Michael Hammond CAMBRIDGE -- The new owners of ATS Automation Tooling Systems Inc.'s precision components group have renamed the business AC Precision Components. ATS said yesterday it has completed the sale of its precision components group to the division's management. Financial terms of
|
|