
Nice info Kate
Not yet sure where this will lead to but more info on it:
NEWHALL, Calif.--(BUSINESS WIRE)--Dec. 15, 1998--Special Devices Inc. (Nasdaq:SDII SDII Strategic Defense Initiative Institute
SDII Sound Design International Incorporated ), a Newhall-based company that designs and manufactures pyrotechnic devices for the automotive and aerospace industries, Tuesday announced that the merger with an affiliate of J.F. Lehman & Co., a New York-based private equity fund, has been completed.
As a result of the merger, all outstanding publicly traded shares are converted into the right to receive cash consideration of $34 per share.
John Lehman, general partner of J.F. Lehman & Co., said: "We are extremely pleased to close the acquisition of SDI (1) (Serial Digital Interface) A physical interface widely used for transmitting digital video in various formats. For electrical transmission, it uses a high grade of coaxial cable and a single BNC connector with Teflon insulation. and look forward to working with the company's management and employees. We fully expect this world-leading manufacturer to continue its outstanding record of growth and profitability."
Special Devices is a nationally recognized leader in the design and manufacture of pyrotechnic devices used by the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide.
Special Devices has headquarters at 16830 West Placerita Canyon Road, Newhall, Calif. 91321. Telephone 805/259-0753.
J.F. Lehman & Co., with offices in New York New York, state, United States
http://www.thefreelibrary.com/Special+Devices+Inc.+Completes+Merger-a053...

Recent comments
12 hours 15 min ago
12 hours 16 min ago
13 hours 20 min ago
1 week 1 day ago
1 week 4 days ago
1 week 5 days ago
2 weeks 2 days ago
2 weeks 4 days ago
2 weeks 5 days ago
3 weeks 4 days ago