OTCPicks Featured Company: Merisel, Inc. (MSEL.PK) to be Acquired by TU Holdings, Inc.
Merisel, Inc. (OTC: MSEL) recently announced that they have entered into an agreement to be acquired by TU Holdings, Inc, a wholly owned portfolio company of American Capital Strategies, Ltd. (NASD: ACAS), with the price set at $5.75 per share in cash. Merisel is a leading provider of visual communications and brand imaging solutions to the consumer products, retail, and advertising and entertainment industries. The transaction has already been approved by the majority of Merisel's Board of Directors, and the board has recommended that Merisel's stockholders approve the transaction as well. It has been reported that Merisel's largest stockholder, Stonington…