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Electronics Production |

Arrow completes Nu Horizons acquisition

Arrow Electronics, Inc. has completed its acquisition of Nu Horizons.

Pursuant to the terms of the merger agreement, Nu Horizons’ stockholders are entitled to receive $7.00 in cash, without interest, less any applicable withholding taxes, for each share of Nu Horizons common stock owned by them. As a result of the merger, Nu Horizons common stock will no longer be listed for trading on the Nasdaq Global Select Market. Stockholders of record will receive a letter of transmittal and instructions on how to surrender their shares of Nu Horizons common stock in exchange for the merger consideration from American Stock Transfer & Trust Company, LLC (“AST”). Stockholders of record should wait to receive the letter of transmittal from AST before surrendering their shares.

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