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AV brand Harman sold for 8 billion dollars

April 27th, 2007 · No Comments

Harman International, owners of US AV brands Harman Kardon and JBL, has been sold to private equity firms Goldman Sachs and Kohlberg Kravis Roberts and Co. for a reputed 8 billion dollars. The company’s founder and executive chairman Dr Sidney Harman retains his position.

Tags: Corporate · Trade

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