TransDigm Closes $1.4B Cash Buy of CPI’s Electron Device Business

TransDigm Group (NYSE: TDG) has closed its purchase of the electron device business of Communications & Power Industries, a TJC portfolio company, for approximately $1.38 billion in cash. The CPI electron device business produces electronic components and subsystems for the aerospace and defense market through its manufacturing locations in California, Massachusetts and the U.K., and

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