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Quincy's Broadcast Electronics purchased by Boston-based private investment firm.
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Quincy's Broadcast Electronics purchased by Boston-based private investment firm.
QUINCY — Broadcast Electronics, a longtime manufacturer of radio broadcast equipment headquartered in Quincy, has been purchased by a private investment firm, The Alzana Group of Boston. The transaction, structured as an asset purchase, allows the company to continue operating under the Broadcast Electronics brand through a new legal entity, BE Systems. BE CEO Rich Redmond said the partnership is intended to strengthen the company financially wh…
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