SSIC Team

Samsung Electronics today announced it has completed the previously announced acquisition of Harman International Industries, Incorporated (“HARMAN”). Under the terms of the merger agreement, HARMAN stockholders will receive $112.00 per share in cash. The completion follows the satisfaction of all conditions to the closing of the transaction, including approval of the transaction by HARMAN stockholders and receipt of all necessary regulatory approvals in the United States and certain foreign jurisdictions.

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