CalAmp makes $113 million offer to acquire LoJack

By Staff Report  /  Thursday, December 10th, 2015  /  Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on CalAmp makes $113 million offer to acquire LoJack

Oxnard-based CalAmp made a $113 million offer Dec. 10 to acquire LoJack, the maker of theft recovery systems for cars, trucks and construction equipment. The offer of $5.50 a share is a 58 percent premium to LoJack’s closing price on Dec. 9 and a 24 percent premium to LoJack’s 52-week high. CalAmp has had friendly Read More →