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Amphenol Corporation announced a definitive agreement to acquire MTS Systems Corporation for approximately US$1.7 billion, including the assumption of debt and liabilities.
“Amphenol Corporation announced a definitive agreement under which it will acquire MTS Systems Corporation for US$58.50 per share in cash, or approximately US$1.7 billion.”lw.com
Summarized from public sources; check the original articles before acting on it.