Audience (ADNC) Misses Q1 EPS by 1c
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Knowles (KN) to Acquire Audience (ADNC) in ~$129M Deal
April 30, 2015 8:18 AM EDTKnowles (NYSE: KN) announced it has entered into a definitive agreement to acquire Audience, Inc. (NASDAQ: ADNC). The transaction will expand Knowles existing expertise in intelligent audio and signal processing solutions through Audiences strong engineering team and robust patent portfolio. The highly complementary product and technology portfolios will enable Knowles to deliver comprehensive audio solutions to its existing customers.
Under the terms of the transaction, Knowles will pay approximately $5.00 per share, comprised of $2.50 in cash and $2.50 in Knowles common stock, subject to the collar described below. The... More
Knowles (KN) to Acquire Audience (ADNC) for $5/Share
April 30, 2015 8:18 AM EDTKnowles Corporation (NYSE: KN), a market leader and global supplier of advanced micro-acoustic solutions and specialty components, today announced it has entered into a definitive agreement to acquire Audience, Inc. (NASDAQ: ADNC). The transaction will expand Knowles existing expertise in intelligent audio and signal processing solutions through Audiences strong engineering team and robust patent portfolio. The highly complementary product and technology portfolios will enable Knowles to deliver comprehensive audio solutions to its existing customers.
Under the terms of the transaction, Knowles will pay approximately $5.00 per share,... More
Audience (ADNC) halted with news pending
April 30, 2015 8:10 AM EDTAudience (NASDAQ: ADNC) halted with news pending.
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