Voxx international to be acquired by gentex corporation in all-cash transaction for $7.50 per common share

Transaction implies 163% premium over the unaffected stock price prior to the august 27, 2024 announcement that the board was exploring strategic alternatives orlando, fla. , dec. 18, 2024 /prnewswire/ -- voxx international corporation (nasdaq: voxx) ("voxx" or the "company"), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, as well as strategic joint ventures including biometrics, today announced that voxx and gentex corporation (nasdaq: gntx) ("gentex") have entered into a definitive agreement and plan of merger ("merger agreement") for gentex to acquire voxx in an all-cash transaction.
VOXX Ratings Summary
VOXX Quant Ranking