Thursday, April 26, 2007

Harman Int'l to be bought for about $8 billion

(Reuters) - Shares of Harman surged $18.90, or 18.4 percent, to $121.46 in early morning trading on the New York Stock Exchange.

As an alternative to receiving cash, Harman's stockholders could elect to exchange some or all of their Harman stock for shares in a new corporation formed by KKR and GS Capital Partners.


Read more at Reuters.com Bonds News

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