Interesting. Snap One acquired Control4 in 2019 for $680M. This probably hasn't been a good investment for Hellman & Friedman, the PE firm that still owned 72% of Snap One, after IPO'ing it in 2021 for $18/share - especially since there was presumably some other value in other parts of Snap One excluding Control4. They purchased Snap AV from General Atlantic in 2017. And I doubt that they have been pulling any money out of the company since it never had positive net income and averaged a loss of about $20M per year. Revenue has been flat over the last few years at about $1B. The takeover price is $10.75, assuming that it goes through. Snap One had been trading around $8 recently.