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Incorporated in Pennsylvania in 1945, Allen Organ Company (OTC: AORGB) and its subsidiaries operate in three industry segments: Musical Instruments, Data Communications and Electronic Assemblies.
In April 2006 Sycamore Networks, Inc. (NASDAQ: SCMR) acquired the Eastern Research subsidiary of Allen Organ Company as a part of a multi-step transaction. In connection with this transaction, Allen Organ spun-off the assets of two newly formed entities, including an entity containing the musical instruments and electronic assemblies assets. The spun-off musical instruments and electronic assemblies assets were sold to AOC Acquisition Corp., a newly formed entity controlled by management of Allen Organ Company.
Curtis provided a fairness opinion to the Board of Directors of Allen Organ Company in connection with AOC Acquisition Corp.'s acquisition of the musical instruments and electronic assemblies assets.
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