HAMILTON STANDARD AGREES TO SELL MICROELECTRONIC SYSTEMS TO AEROFLEX
Hamilton Standard reached a tentative agreement to sell its UTMC Microelectronic Systems, Inc. (UTMC) integrated circuit business unit, located in Colorado Springs, Colo., to Aeroflex Inc. of Plainview, N.Y. for $46 million in cash. The transaction is subject to negotiation of a final, binding...
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