Sound United and Onkyo Corp. have mutually agreed to terminate the planned acquisition of Onkyo and its portfolio of brands by Sound United.
The chairman of the Federal Trade Commission said this week that he's open to reversing mergers and acquisitions made by big tech companies if that proves to be the best course of action to restore competition throughout the industry.
The Department of Justice has approved the deal to combine T-Mobile and Sprint into one, united carrier under the T-Mobile name.
Two of the top names at the FCC announced their support for, and intentions to approve, the proposed merger of telecommunications firms Sprint and T-Mobile.
Two major M&A announcements were made over the past seven days, featuring Control4 and SnapAV in one corner, and Sound United and Onkyo in the other.
Sound United announced that it has entered into a term sheet with the Onkyo Corporation to acquire their consumer audio division.
After inking WAVE Electronics for an undisclosed amount, Kingswood Capital Management has announced…