socalTECH
APRIL 1, 2010
Van Nuys-based Electro Rent announced Wednesday afternoon that it has completed its acquisition of Telogy LLC , a supplier of electronic test equipment. According to Electro Rent, it will transfer TElogy's equipment inventory to its Southern California distribution center and integrate Telogy's operations into its own.
SoCal Tech Calendar
MAY 31, 2016
Beverlly Hills-based private equity investor Platinum Equity , and Van Nuys-based Electro Rent said Tuesday that the two are in a definitive agreement, where Platinum Equity will pay approximately $323.4M for Electro Rent. Platinum Equity said ti will pay $13.12 per share in cash for Electro Rent, which it says is a premium of 24.4
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