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In January 2021, Teledyne Technologies announced that it had entered into a definitive agreement to acquire the company for $8 billion, [64] [65] against FLIR's 2019 revenue of $1.9 billion. [66] The acquisition was completed in May 2021, and FLIR Systems Inc. continued as Teledyne FLIR LLC. [67]
Teledyne Technologies Incorporated is an American industrial conglomerate.It was founded in 1960, as Teledyne, Inc. by Henry Singleton and George Kozmetsky.. From August 1996 to November 1999, Teledyne existed as part of the conglomerate Allegheny Teledyne Incorporated – a combination of the former Teledyne, Inc. and the former Allegheny Ludlum Corporation. [2]
Founded in 2007, it is a subsidiary of Denver, Colorado based company FLIR Systems. [1] The company has produced a variety of VTOL quadcopters unmanned aerial vehicles including the Aeryon Scout and the Aeryon SkyRanger series. Their UAV have been deployed in multiple disasters, conflicts around the world as well as being used by police in ...
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of September. At ...
Over the past five trading sessions, the defense biggies put up a solid show. General Dynamics (GD) gained the most.
Insiders who acquired US$639k worth of Teledyne Technologies Incorporated's ... TDY ) stock at an average price of... Skip to main content. 24/7 Help. For premium support please call: 800-290 ...
This stock was mainly held by the insurance subsidiaries. In the “bear” market of the early 1970s, Teledyne stock fell from about $40 to less than $8. Singleton saw this as an opportunity to buy back Teledyne stock. In buybacks from October 1972 to February 1976, 22 million shares were repurchased at $14 to $40 – well above the market price.
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