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Mercury Computer Systems To Acquire Micronetics

Defense Daily Staff Defense Daily Staff
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Mercury Computer Systems, Inc. [MRCY], on Sunday said it has agreed to acquire Micronetics, Inc. [NOIZ] for $71.7 million in cash in a deal that would move it up the value chain in terms of radio frequency and microwave subsystem content while gaining more program access and customers. The transaction is subject to approvals by United States regulators and Micronetics shareholders and is expected to close by Sept. 30. The pending deal has an enterprise value of $75.4 million, which…

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