Nortek Acquired by U.K. Investment Company

Today's Top Business Story - 07.06.16 Nortek Acquired by U.K. Investment Company By Matt Pruznick The purchase price represents a premium of approximately 38 percent to Nortek's most recent closing price on July 5, 2016, and a premium of approximately 80.4 percent to the volume weighted average price over the prior six-month period. According to Bloomberg, this is the first transaction involving a U.K.-based acquirer since Great Britain voted to leave the European Union in June. Read full story » Blog of the Day Mass Market Streaming Media Players vs. Professional Whole Home Audio By Todd Anthony Puma So far, my company has maintained a strong preference for professional-grade whole-home audio, but with DIY product getting better and integration with control systems becoming cleaner and formally supported, I can see opportunities where I might use DIY solutions on a case-by-case basis. Read full story » Business Feature of the Day Keeping Your Edge in Sales Negotiations By Mike Detmer Mike Detmer outlines some ways to recognize the red flags of emotional regression, and how to counteract them to better negotiate sales. Read full story » Quote of the Day "Attracting more than 177,000 attendees is quite a remarkable achievement and our strong international attendance clearly confirms our show's status as the global technology event. We also are extremely pleased to see that the new enhanced credentialing procedures we implemented for 2016 enabled us to deliver a high-quality audience."—Karen Chupka, senior vice president, CES and corporate business strategy, Consumer Technology Association Today's Other Business News Crestron Opens New Design Showroom in South Florida » Independent Audit Confirms CES 2016 as Record Setter » Autonomic Integrates Lutron Home Lighting Control » Epson Now Shipping Pro G7000-Series Projectors » AV Jobs Sales Consultant for Custom CE integrator - AVIR Lifestyle Technology Solutions (Palm Desert CA. Coachella Valley)

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