Taiwan’s WT Buys Future Electronics for $3.8 Billion Amid Probe of Founder
- Future founder Robert G. Miller accused of soliciting minors
- Miller has denied allegations amid class action lawsuit
Vehicles travel along a road in front of the Taipei 101 building, center, in Taipei, Taiwan.
Photographer: I-Hwa Cheng/BloombergThis article is for subscribers only.
Taiwan’s WT Microelectronics Co. struck a $3.8 billion deal to acquire Future Electronics Inc., a closely held distributor of electronic components whose founder left his executive role after being accused of sexual misconduct.
Future’s fate has been in question since an investigation published earlier this year by Radio-Canada and Canadian Broadcasting Corp. that accused its octogenarian founder and controlling shareholder, Robert G. Miller, of soliciting minors for sex.