Teledyne wraps up DALSA purchase

Electronics subsystems provider Teledyne has completed its acquisition of Canadian digital imaging developer DALSA for approximately $337 million ($340.3 million U.S.).

Teledyne of Thousand Oaks, CA, paid $18.25 Canadian ($18.43 U.S.) per share for DALSA, which will now be named Teledyne DALSA. The Waterloo, Ontario, firm's shares will also be delisted from the Toronto Stock Exchange on or close to February 11.

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