Interconnection Acquired in Leveraged Buy-Out
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Interconnection Products Inc., formerly a unit of Cleveland-based Midland Ross Corp., has been acquired in a leveraged buy-out by H.G. Carlson, formerly group vice president of Midland Ross. Privately held Interconnection has more than $50 million a year in revenues and will be headquartered in Santa Ana, a spokeswoman said Friday. Terms of the acquisition were not disclosed.
