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steute Technologies GmbH & Co. KG will acquire Electro-Sensors, Inc. for $7.75 per share in cash, valuing the deal at a premium of approximately 75%. Electro-Sensors will become a wholly owned subsidiary of steute.
“Electro-Sensors significantly enhances steute Technologies' product and service offerings in the industrial market with an extensive, complementary line of solutions.”prnewswire.com
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