Audiovox Buying Klipsch Group

Posted Jan 12, 2011

Audiovox Corporation (NASDAQ:VOXX) has announced an agreement to buy out all the shares of Klipsch Group. The transaction is subject to certain contingencies such as the completion of due diligence and negotiation. We’re hoping that Audiovox will allow Klipsch to keep running independently since they make some pretty nice headphones. [AudioVox PR]