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Cobham To Acquire U.S. Information Security Firm

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By Calvin Biesecker United Kingdom-based Cobham yesterday said it has agreed to acquired Argotek, Inc. for $36.3 million in cash in a deal aimed at bolstering the company's capabilities and presence in the growing information security market in the United States. The transaction is expected to close during the second quarter of 2009 subject to approval from the Committee on Foreign Investment in the United States. Terms of the deal include $26.3 million to be paid upon closing on a…

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