AVX Announces Completion of Merger with Kyocera Corp.
Mar 30, 2020 10:28AM
By David Dykes
Fountain Inn-based AVX Corp. (NYSE: AVX) announced the successful completion of its previously announced acquisition by Kyocera Corp., following completion of Kyocera’s tender offer to purchase all outstanding shares of AVX common stock that it did not already own.
As a result of the merger, shares of AVX common stock ceased trading on the New York Stock Exchange and no longer will be listed for trading on the NYSE.
AVX is a worldwide manufacturer, supplier, and reseller of a broad line of electronic components, interconnect, sensing and control devices, and related products.
Electronic components and connector, sensing and control products manufactured or resold by AVX are used in many types of end use products, including those in telecommunications, automotive, transportation, energy harvesting, consumer electronics, military/aerospace, medical, computer, and industrial markets.