This excerpt taken from the VSH 10-Q filed May 8, 2007.
Subsequent Event Acquisition of PM Group PLC
On March 9, 2007, Vishay, through its wholly-owned subsidiary VIEC Ltd., launched a cash tender offer for PM Group PLC, an advanced designer and manufacturer of systems used in the weighing and process control industries.
On April 19, 2007, Vishay declared its tender offer for all shares of PM Group PLC unconditional in all respects, and assumed ownership of PM Group. The aggregate purchase price for PM Group was approximately $43.2 million. The transaction was funded using cash on-hand.
Vishay will keep PM Groups on-board vehicle weighing business, PM On-Board, and sold PM Groups electrical contracting business concurrent with the completion of the tender offer, for approximately $18.2 million.