Italian Firm Completes Acquisition of Tivoli
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Lighting products manufacturer Targetti Sankey SpA of Florence, Italy, completed its $5.6-million acquisition of Tivoli Industries Inc., the Santa Ana company said Wednesday.
Tivoli, which makes specialty lighting products, will continue to operate from its existing facility and will change its name to Targetti-Tivoli Inc.
In its last day of trading Tuesday, Tivoli’s stock closed at $4.38 a share, unchanged, on the Nasdaq market.
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