Tuesday, May 22, 2007

UPDATE 1-Aeroflex says Veritas buyout offer is superior

(Reuters) - Aeroflex, which makes electronics for the communications,
aerospace and defense industries, agreed in March to be bought
by private equity firms General Atlantic and Francisco Partners
for $13.50 per share, or about $1 billion overall.




In April, the company got a rival bid from Veritas, which
was raised slightly on Monday.


Read more at Reuters.com Mergers News

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