6/25/1983 - EdiRocks (EDIR) - ACQUISITION ANNOUNCEMENT
EdiRocks (EDIR) has announced that it will acquire the lamp business of Easterburg. EdiRocks, already the dominant player in lamp and bulb production, acquired Easterburg to take a larger lead in market share. Easterburg was the third largest seller in the market for lamps. Terms of the deal were not disclosed.
About EdiRocks (EDIR):
EdiRocks is consumer electronics maker of TVs, VCRs, audio delivery items, phones, and other electronic gadgets. The company also makes lightbulbs, shavers, small appliances, components, medical systems, and semiconductors.