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Sylvan Ginsbury Ltd

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January 21, 1996 | JAMES S. GRANELLI
Wyle Electronics paid $38.8 million, mostly in cash, to acquire a New Jersey company that will give it access to the European electronics market, according to a government document filed this week. Wyle paid $30.8 million in cash and $3 million in restricted stock, which represents about 82,000 shares of Wyle common stock, to buy Sylvan Ginsbury Ltd., known as the Ginsbury Group, a privately held international electronics distribution company.
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