ABB to Acquire Thomas & Betts for $3.9 Billion

Thomas & Betts announced an agreement to be acquired by Swiss-based ABB in a $3.9 billion cash transaction. The deal was announced on January 29, 2012, and the companies will jointly host investor conference calls.

“Earlier today Thomas & Betts announced an agreement to be acquired by Swiss-based ABB (ABBN.VX), in a $3.9 billion cash transaction.”

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