M&A Deal Summary |
|
---|---|
Date | 1998-05-26 |
Target | Westinghouse Process Control Division |
Sector | Electronics |
Buyer(s) | Emerson |
Sellers(s) | Paramount |
Deal Type | Divestiture |
Deal Value | 265M USD |
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Category | Company |
---|---|
Founded | 1890 |
Sector | Diversified |
Employees | 67,000 |
Revenue | 15.2B USD (2023) |
Emerson is a diversified manufacturing and technology company. Emerson offers a wide range of products and services in the industrial, commercial, and consumer markets through its Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions businesses. Emerson was founded in 1890 and is based in St. Louis, Missouri.
DEAL STATS | # |
---|---|
Overall | 9 of 66 |
Sector (Electronics) | 2 of 2 |
Type (Divestiture) | 1 of 11 |
State (Pennsylvania) | 2 of 5 |
Country (United States) | 6 of 42 |
Year (1998) | 1 of 1 |
Size (of disclosed) | 11 of 17 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1997-10-18 |
Computational Systems
Knoxville, Tennessee, United States Computational Systems Inc. is a producer of products that monitor manufacturing equipment. |
Buy | $165M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1999-02-02 |
Kato Engineering
Mankato, Minnesota, United States Kato Engineering is a manufacturer of electric generators for power plants based in Mankato, Minnesota. |
Buy | - |
Paramount is an international media company that delivers premium content to audiences across traditional and emerging platforms worldwide. Its business segments include Entertainment, Cable Networks, Publishing, and Local Broadcasting. Paramount was founded in 1986 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 1 of 5 |
Sector (Electronics) | 1 of 1 |
Type (Divestiture) | 1 of 4 |
State (Pennsylvania) | 1 of 1 |
Country (United States) | 1 of 4 |
Year (1998) | 1 of 1 |
Size (of disclosed) | 4 of 5 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1997-01-01 |
Infinity Broadcasting
New York, New York, United States Infinity Broadcasting Corp. a radio broadcasting and outdoor advertising company. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
1998-06-05 |
American Radio Systems
Boston, Massachusetts, United States American Radio Systems (ARS) is the fifth largest radio broadcasting company in the United States with 98 radio stations (including pending transactions) located in 19 predominately top 50 markets, including several major markets where CBS has existing radio and television stations. |
Buy | $1.6B |