China's GoerTek acquires majority stake in Dynaudio

Danny Tse
Danny Tse Posts: 5,206
in Speakers
Dynaudio's founder will remain a minority shareholder and will continue to participate in product development....

http://www.goertek.com/en/newsdetail.php?category_id=37&file_id=240

Based on the below link, GoerTek acquired 83% stake in Dynaudio for $41.5 million....

http://www.reuters.com/article/2014/10/21/goertek-brief-idUSL3N0SG4HS20141021
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Comments

  • mhardy6647
    mhardy6647 Posts: 33,960
    Good? Bad? Just a point of information? Whaddya think?
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  • tonyb
    tonyb Posts: 33,000
    The founder is still a minority share holder and will stay on for product development so doesn't appear to be all bad. Maybe they just needed an infusion of cash.
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