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article imageSchneider Buys Backup-Power Provider APC for $6.1 Bln

By Bob Norman     Oct 30, 2006 in Business
In another big money industrial buyout,Schneider Electric SA, the world's biggest supplier of circuit breakers, agreed to buy American Power Conversion Corp. for $6.1 billion to become the No. 1 maker of gear that protects computers and factories against
Schneider offered $31 a share for APC, the Paris-based company said in a statement today.
More about Apc, Schneider, Upc
 
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