System.NullReferenceException: Object reference not set to an instance of an object. at DotNetNuke.Framework.DefaultPage.OnLoad(EventArgs e) in e:\websites\\public_html\Default.aspx.cs:line 791 Leitch completes acquisition of Videotek | TvTechnology

Leitch completes acquisition of Videotek

May 19, 2004

Leitch has completed its acquisition of Videotek, a privately held video equipment company.

As previously announced, Leitch had entered into a definitive agreement April 18 to acquire all of Videotek's shares for a purchase price of about $18 million cash.

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The first payment was $13 million paid out of Leitch's cash balances. The remaining purchase price will be paid in two installments. Leitch will account for this transaction as a purchase during the first quarter ending July 31.

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