Thomas & Betts Completes Two Acquisitions in Q1 2008

Thomas & Betts completed two acquisitions in the first quarter of 2008 for approximately $90 million, which contributed $114.1 million in net sales during the second quarter.

“Major uses of cash in 2008 included the repayment of $115 million of notes in the second quarter and approximately $90 million for two acquisitions completed in the first quarter.”

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