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L-3 Buying Kollmorgen Electro-Optical for $210M

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NEW YORK, Dec. 13, 2011 — L-3 Communications announced today it is broadening its base in the electro-optical/infrared (EO/IR) market by acquiring the Kollmorgen Electro-Optical unit of Danaher Corp. for $210 million in cash. Northampton, Mass.-based Kollmorgen Electro-Optical (KEO) develops and manufactures...Read full article

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