Teledyne Technologies to Acquire FLIR Systems for About $8 Billion
January 10, 2021
Teledyne Technologies announced it will acquire FLIR Systems in a cash-and-stock deal valued at approximately $8 billion. FLIR shareholders will receive $28 per share in cash plus 0.0718 shares of Teledyne common stock for each FLIR share, with the transaction expected to close in mid-2021 subject to regulatory approvals.
- Targets
- FLIR Systems, Inc.
- Industry
- Aerospace & Defense
- Location
- United States
- Transaction Type
- Buyout
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