D&M Holdings Acquires Boston Acoustics

[Audioholics]

<FONT face="Arial, Helvetica, sans-serif" size=2>D&amp;M Holdings Inc. and Boston Acoustics, Inc., the premier manufacturer of high-performance </FONT><FONT face="Arial, Helvetica, sans-serif" size=2>audio systems</FONT><FONT face="Arial, Helvetica, sans-serif" size=2>, announced today the signing of a definitive merger agreement for D&amp;M Holdings to acquire Boston Acoustics through its subsidiary D&amp;M Holdings US Inc. D&amp;M Holdings is the owner of Denon, Marantz, McIntosh Laboratory and the D&amp;M Professional, ReplayTV, Rio and Escient brands. </FONT>
<P><FONT face="Arial, Helvetica, sans-serif" size=2>D&amp;M Holdings will acquire Boston Acoustics for $17.50 per share in cash for a total of approximately $76.0 million. This transaction is expected to be immediately accretive to D&amp;M' s earnings upon closing.</FONT></P><P><FONT face=Arial size=2>[Get the Details]</FONT></P>

 

[Takeereasy]

Denon and Marantz are becoming the evil empire . What will the name be after this? D&M&BA. One day the company will be called D&M&BA&THX&DTS&DD&B&K&M&K.

Seriously though that really gives the company some options and the opportunity to go in some exciting new directions.

 

[Shadow_Ferret]

Evil Empire? More like the Borg. Another American company assimulated.

 

[Buckeyefan 1]

D&M message from the CEO

www.dm-holdings.com/eng/about/message.html

I will give them this - excellent accessible customer service via an 800#. You want a tech, he's a phone call away and no waiting. Even on a monday. Now as far as the US Denon website, I don't agree with the CEO's statement. I think Marantz looks much better.