Power-One (PWER) Shareholders to Receive $6.35 Per Share in Buyout

By on April 24, 2013

In a deal valued at approximately $1 billion, ABB Ltd has agreed to acquire Power-One, Inc. (NASDAQ: PWER).  Under the terms of the acquisition, Power-One shareholders will receive $6.35 per share in cash for every share held.

Shares of Power-One were trading above $6.50 in September 2012.