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Around the Net
Samsung Buys Top-of-the-Line Dacor Appliances
- Los Angeles Times, Friday, August 12, 2016 8 AM
Samsung Electronics America announced late Wednesday that it would acquire the City of Industry company, which competes on the very high end of the market. Terms of the deal were not disclosed. The Korea Economic Daily said the arm of the South Korean conglomerate paid $150 million, citing unnamed sources. But a person familiar with the deal said the actual amount was higher.
