In wake of big asset sale, Austin company brings in funding, restruc...

03/28/17


In wake of big asset sale, Austin company brings in funding, restructures with bankruptcy
Austin Business Journal
But a shift in buying trends and a cash shortage led CEO and President Mark Ascolese to pursue a sale. Piller Power Systems Inc., a subsidiary of England-based Langley Holdings PLC, bought the backup power system portion of its business and continues ...

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