Gentex to Acquire VOXX International in an All-Cash Transaction

Gentex Corporation (GNTX) entered a merger agreement on December 18, 2024, to acquire VOXX International Corporation (VOXX) for $182.24 million in cash.

Deal Structure:

Under the terms of the agreement, Gentex will acquire all the issued and outstanding shares of VOXX common stock not already owned by Gentex for $7.50 per share, which is at a 3.47% discount from the stock’s last close.

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