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Genlyte Group


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2Vote!

Philips-Genlyte deal cleared to move forward

Royal Philips Electronics is again ready to move forward despite delays in receiving necessary regulatory approvals for its previously announced $2.63 billion purchase of lighting manufacturer The Genlyte Group, according to a filing with the U.S. Securities and Exchange Commission. (GLYT)

1Vote!

Regulatory issues hold up close of Philips-Genlyte deal

Royal Philips Electronics is delaying the expiration date of its tender offer for The Genlyte Group Inc. until midnight on Jan. 16. (GLYT)

1Vote!

Philips extends Genlyte takeover offer

AMSTERDAM (Reuters) - Philips Electronics has extended its $2.7 billion takeover offer for U.S. lighting maker Genlyte Group Inc to January 16, saying not all regulatory approvals have been obtained yet.

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Philips extends Genlyte takeover offer

AMSTERDAM (Reuters) - Philips Electronics has extended its $2.7 billion takeover offer for U.S. lighting maker Genlyte Group Inc to January 16, saying not all regulatory approvals have been obtained yet.

2Vote!

GLYT acquisition fills a gap in Philips' domain

On November 26, Philips announced its intention to acquire Genlyte Group Inc. (NASDAQ: GLYT). With the company announcing an offer price of $95.50 per share, the acquisition price has been pegged at $2.7Bn (11.3x est EBITDA for 2007). On closing of the transaction, expected in Q1 '08, Genlyte will become part of the luminaires business group within Philips lighting. While Philips is one of the leaders

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Genlyte Acquisition Fills a Gap in Philips' Domain

Palma Research submits: On November 26, Philips announced its intention to acquire Genlyte Group Inc. (NASDAQ: GLYT). Complete Story »

1Vote!

Philips Buys Genlyte for $2.7B, Shines More Light on LEDs

As the LED market heats up, young startups and old blue chips alike are vying for a slice of the luminous pie. Dutch electronics giant Royal Philips Electronics said this week it will buy lighting company Genlyte Group, based in Louisville, Ky., for $2.7 billion, the latest in a string of LED-centered acquisitions Philips (PHG) [...]

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Wall Street News Alert: Wall Street News Alert: ERUC, Tuesday's Hot Stocks to Watch! November 27, 2007

WESTON, FL (MARKET WIRE) Wall Street News Alert's "stocks to watch" this morning are: ER Urgent Care Centers (PINKSHEETS: ERUC), EMC Corporation (NYSE: EMC), The Genlyte Group Incorporated (NASDAQ: GLYT) and Level 3 Communications, Inc. (NASDAQ: LVLT).

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Philips to Pay $2.7 Billion for Lighting Firm

Royal Philips Electronics said Monday that it would buy the Genlyte Group for $2.7 billion in a move the company said would strengthen its position in energy-efficient lighting.

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Philips to buy Genlyte for $2.7 billion

Electronics giant Philips has agreed to buy one of Louisville's largest public companies, The Genlyte Group Inc., for $2.7 billion. (GLYT)

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Philips to bid $2.7 bn for Genlyte

Royal Philips Electronics NV, the world's largest lighting maker, said on Monday it will pay $95.50 a share in cash for Genlyte Group Inc, in a manage

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Koninklijke Philips Electronics Buys LED Maker Genlyte Group for $2.7B

Dutch electronics conglomerate Royal Philips Electronics announced Monday it was buying U.S. light-emitting diode [LED] maker Genlyte Group for $2.7 billion, its largest acquisition in dollar terms ever. Complete Story »

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Genlyte chief a finalist for Entrepreneur of the Year

Larry Powers, chairman, president and CEO of the Genlyte Group Inc., has been recognized as a national finalist for Ernst & Young's Entrepreneur of the Year award. (GLYT)

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Genlyte Group Q3 2007 Earnings Call Transcript

Larry Powers - Chairman, President and CEO

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UPDATE 1-Genlyte Group Q3 profit rises

Oct 29 (Reuters) - Lighting-fixture maker Genlyte Group Inc reported a 5.7 percent rise in third-quarter profit, as growth in non-residential markets and price increases helped offset a weak residential construction market, and shares rose as much as 9 percent.

The last article published by a user on Genlyte Group :

2Vote!

GLYT acquisition fills a gap in Philips' domain

On November 26, Philips announced its intention to acquire Genlyte Group Inc. (NASDAQ: GLYT). With the company announcing an offer price of $95.50 per share, the acquisition price has been pegged at $2.7Bn (11.3x est EBITDA for 2007). On closing of the transaction, expected in Q1 '08, Genlyte will become part of the luminaires business group within Philips lighting. While Philips is one of the leaders...