MTS Systems (MTSC) Halted on News Dissemination
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Amphenol Corporation to Acquire MTS Systems
December 9, 2020 8:00 AM ESTWALLINGFORD, Conn. & EDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- Amphenol Corporation (NYSE: APH) (Amphenol), a leading global provider of high-technology interconnect, antenna and sensor solutions, and MTS Systems Corporation (Nasdaq: MTSC) (MTS), a leading global supplier of advanced test systems, motion simulators and precision sensors, today announced that they have entered into a definitive agreement under which Amphenol will acquire MTS for $58.50 per share in cash, or approximately $1.7 billion, including the assumption of outstanding debt and liabilities, net of cash.
We have long admired MTSs technology and position... More
