Adrian J Cotterill, Editor-in-Chief
Acuity Brands, Inc. (NYSE: AYI), a market-leading industrial technology company, has reached a definitive agreement to acquire QSC, LLC for a purchase price of USD 1.215 billion, or USD 1.1 billion net of approximately USD 100 million in present value of expected tax benefits. The net purchase price represents approximately 14 times QSC’s estimated EBITDA […]
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