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New York firm acquires Annapolis' TeleCommunication Systems Inc in $430M deal

2015-11-28 07:10:37| Telecom - Topix.net

Comtech Telecommunications Corp. and TCS officials announced Monday the signing of a merger agreement in which Comtech will purchase TCS in a cash transaction for $5 per share, or about $430.8 million. The deal is expected to close by March 2016.

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Category:Telecommunications

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