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Teradyne completes sale of Connection Systems Division

Dec 02, 2005

Teradyne, Inc. (NYSE:TER) announced that it has completed the previously announced sale of its Connection Systems Division to Amphenol Corporation (NYSE:APH). The company announced on October 10, 2005 that it had entered into a definitive agreement to sell the division to Amphenol for approximately $390 million in cash (subject to a post closing net asset value adjustment).

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