Vishay Precision to draw on revolver for $11 million Pacific stock buy

By Wendy Van Sickle

Columbus, Ohio, April 5 – Vishay Precision Group, Inc. plans to draw on its revolving credit facility to fund its $11 million purchase of all the outstanding capital stock of Pacific Instruments, Inc., according to an 8-K filing with the Securities and Exchange Commission.

Vishay entered a stock purchase agreement for the deal on March 30.

The designer, manufacturer and marketer of resistive foil technology, sensors and sensor-based systems is based in Malvern, Pa.

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