VOXX International announced that it has entered into an Asset Purchase Agreement to sell certain assets, including the company’s iconic RCA trademarks and other intellectual property, to Established Inc. The total value of the transaction is expected to be approximately $25M, and the companies anticipate the deal will close on or before August 30, 2024. Under the agreement, VOXX Accessories Corp. will continue to operate the business while working with customers and partners in the normal course of business.
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