Edition:
India

Astronics Corp To Sell Semiconductor Test Business For $100 Mln


Wednesday, 20 Feb 2019 

Feb 19 (Reuters) - Astronics Corp ::ASTRONICS CORP - ON FEBRUARY 13, 2019, ENTERED INTO AMENDED & RESTATED ASSET PURCHASE AGREEMENT BY AND AMONG ASTRONICS TEST SYSTEMS, CO AND ADVANTEST.ASTRONICS CORP - TO SELL SEMICONDUCTOR TEST BUSINESS FOR $100 MILLION IN CASH, WITH POTENTIAL FOR A $35 MILLION EARN-OUT OVER NEXT 4 YEARS. 

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