Press Release – August 12, 2015 – Tel Aviv, Israel – DTKGC-SRFF, the Israeli affiliate law firm of Sichenzia Ross Friedman Ference LLP, announced today that the Firm has represented the Israeli fire detection sensor developer, Spectronix Ltd. on its $100 million reverse triangular merger with Emerson Process Management Asia Pacific Private Limited, a subsidiary of Emerson Electric (NYSE:EMR). The price consisted of $79 million in cash and $20 million to be distributed to Spectronix’s shareholders as dividends.
The DTKGC-SRFF team was led by Partners Ronen Kantor Adv., Giora Gutman Adv., and Eran Dekel Adv.
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