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Carlisle To Acquire Electronic Component Supplier Tri-Star

Carlisle Companies Inc. [CSL] recently said it has agreed to acquire Tri-Star Electronics International, a supplier of electronic interconnect components, for commercial aerospace, defense and industrial customers. The value of the deal is $285 million and is expected to close by year-end subject to regulatory approvals. California-based Tri-Star is a minority-woman owned, small business, and has annual sales of about $95 million. The company designs, manufactures and sells customized contacts and connectors for transmission of data and power on aircraft,…

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