Announcement Coming From Grass Valley

Posted by Joe Zaller
Oct 11 2011

Grass Valley said today that it will be making a “significant corporate announcement” on October 12th.

This language would seem to indicate some kind of M&A deal, rather than a product announcement.

Grass Valley’s new parent company, Francisco Partners, has been open with the market about their strategic commitment to Grass Valley and the broadcast market.  Tomorrow’s announcement will presumably reveal the next stage in this strategy.

 

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