Teledyne Completes Acquisition of Micropac Industries

December 30, 2024

Teledyne Technologies completed the previously announced merger/acquisition of Micropac Industries via a wholly-owned subsidiary. Micropac stockholders received $20.00 per share in cash, valuing the transaction at approximately $57.3 million, including Micropac’s net debt as of August 24, 2024.

Buyers
Teledyne Technologies Incorporated
Targets
Micropac Industries, Inc.
Location
Texas, United States
Transaction Type
Buyout

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