BRITISH GE COMPLETES ACQUISITION OF TRACOR, RENAMES COMPANY
The General Electric Company, p.l.c., completed the merger of Tracor, Inc., with its U.S. subsidiary GEC-Marconi. The British conglomerate, which is not affiliated with the similarly named U.S. company, paid $40 per share of Tracor common stock, with the total cost, including assumed debt, amounting...
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