AVX Corporation (AVX - $20.47 – NYSE) (AVX, Financial) is a leading maker of capacitors and other electronic components. Shares rose more than 35% in the quarter after majority-owner Kyocera proposed acquiring the company for $19.50/share in cash. While a final deal has not been struck, we believe that one will be completed.
From Keeley Asset Management's Small Cap Dividend Value Fund fourth-quarter shareholder commentary.
