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Hadco Corp

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April 18, 2000 | Bloomberg News
Sanmina Corp., a contract electronics maker, said it agreed to buy Hadco Corp., which makes electronic connection equipment, for $1.28 billion to sell more circuit boards and add production capacity. Sanmina said it will pay 1.4 of its shares for each Hadco share, valued at $71.31 a share based on Sanmina's closing price Monday. That's an 18% premium to the share price of Hadco, valuing the stock portion of the transaction at $992 million. Hadco had $288 million in debt as of Jan. 29.
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BUSINESS
April 18, 2000 | Bloomberg News
Sanmina Corp., a contract electronics maker, said it agreed to buy Hadco Corp., which makes electronic connection equipment, for $1.28 billion to sell more circuit boards and add production capacity. Sanmina said it will pay 1.4 of its shares for each Hadco share, valued at $71.31 a share based on Sanmina's closing price Monday. That's an 18% premium to the share price of Hadco, valuing the stock portion of the transaction at $992 million. Hadco had $288 million in debt as of Jan. 29.
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BUSINESS
December 6, 1996 | Times Staff and Wire Reports
Santa Clara-based Zycon Corp. said it has terminated its deal to be acquired by Dallas-based buyout firm Hicks Muse Tate & Furst after agreeing to be purchased by rival printed circuit board maker Hadco Corp. for about $205 million in cash. . . . Marina del Rey-based Thompson PBE Inc. said it will buy back up to 500,000 shares of its common stock. . . . American Express Co. bought a 51% stake in San Diego-based student loan broker Educational Funding Co. for undisclosed terms. . . .
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