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Teledyne Technologies completed its acquisition of Micropac Industries, Inc. for $20.00 per share in cash, valuing Micropac at approximately $57.3 million. Micropac designs and manufactures microelectronic circuits, optoelectronic components, and sensor and display assemblies for military, aerospace, and medical applications.
“Teledyne Technologies Incorporated and Micropac Industries, Inc. jointly announced today the successful completion of the previously announced merger of Micropac with a wholly-owned subsidiary of Teledyne.”businesswire.com
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