The Lexington Herald-Leader is reporting today that Big Ass Solutions is being acquired by the New York equity firm Lindsay Goldberg, according to the Federal Trade Commission, which approved the deal.
Moody’s estimates that the acquisition is worth $500 million, the newspaper said.
Rumors have flown for months in the community and on online job-rating boards about the future of the Lexington company, which makes low-speed, high-volume fans and lighting for industrial and residential use. For more on this story, please go to Kentucky.com.
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