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APC acquired by Schneider Electric for $6.1 billion cash
With acquisition of APC, French company Schneider Electric becomes world leader in electrical distribution
Full Story: Schneider Powers Up Source: Forbes, October 30th, 2006 Added on April 30th, 2007 at 2:27 pm, by Judy HeThe $31-per-share offer represents a 30.5% percent premium to American Power's Friday close of $23.76. Schneider said it will fund the deal with a $5.7 billion loan and new stock.
Related Items (6)
News (6) | ||
| American Power generates jobs amid strong earnings | 10.25.07 | Providence Journal |
| Tech firms keep high-paying jobs in play | 05.29.07 | Providence Journal |
| APC President renews community commitment | 05.03.07 | Providence Journal |
| Atrion gets APC-MGE Certified; can now offer cooling services | 03.30.07 | Atrion News Release |
| APC acquired by Schneider Electric to form APC-MGE | 10.30.06 | Frost & Sullivan |
| APC buys NetBotz for $31 million | 10.08.05 | Providence Business News |
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