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Under new ownership, Skil continued to grow. In late 1979, Skil redesigned many of its tools to have heavy-duty plastic, double-insulated housings. In 1982, the company embarked on a program to become the most successful power tool company in America by investing heavily in new manufacturing and quality-control systems. [7]
A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, [24] good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called the "market price", is the price where economic forces such as supply ...
Silent-Aire was a Canadian firm that specialized in data center cooling systems. The deal was structured as follows: Johnson Controls paid $630 million upfront, and additional payments were made contingent upon reaching certain milestones, with total price capped at $870 million.) [citation needed]
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TigerDirect was an El Segundo, California-based online retailer dealing in electronics, computers, and computer components. The company was previously owned by Systemax, which is known for its acquisitions of the intellectual property of the defunct U.S. retail chains Circuit City and CompUSA and relaunching them as online retailers.
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On December 23, 2010, Rovi Corporation announced its intention to acquire the company. [9] The sale was a cash stock deal for just under $1 billion. According to a February 2011 article in Business Insider, Sonic yielded the highest return of any publicly traded company on the NYSE or NASDAQ markets. [10]