Showing posts with label acquisition. Show all posts
Showing posts with label acquisition. Show all posts

Tuesday, January 5, 2021

FLIR Systems to Be Acquired by Teledyne for $8B


FLIR Systems to Be Acquired by Teledyne for $8B
 
| #TpromoCom #Flir #Acquisition #Business | FLIR’s CEO says together the companies will “offer a uniquely complementary end-to-end portfolio of sensory technologies for all key domains and applications.” (securitysales.com) http://bit.ly/3nh6WYb
Under the terms of the agreement, FLIR stockholders will receive $28.00 per share in cash and 0.0718 shares of Teledyne common stock for each FLIR share, which implies a total purchase price of $56.00 per FLIR share based on Teledyne’s 5-day volume weighted average price as of Dec. 31, 2020.
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