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Plantronics to acquire Altec Lansing for $166 million

Plantronics today announced it has signed a definitive agreement to acquire Altec Lansing for US$166 million, reports the Silicon Valley/San Jose Business Journal. Plantronics will acquire all of Altec’s stock in an all cash deal , but Altec will keep its name and become a wholly-owned subsidiary of Plantronics.

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