New Age Electronics acquired by Synnex
Clients New Age Electronics, Inc.
Jones Day advised New Age Electronics, Inc. in its $54 million acquisition by SYNNEX Corporation. Synnex will pay $54 million in cash in the deal. The price includes $22.75 million in deferred payments to be paid within 15 months of the close of the deal. Synnex will take on and refinance about $75 million in debt in this deal.