Allied-Signal plans to sell seven operating units.
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The Morris Township, N.J.-based company said it is selling off the units that comprise its electronics and instrumentation sector so that it can focus on its automotive, aerospace and engineered materials businesses. A spokesman said the company hopes to get about $1.5 billion by selling: Ampex Corp., Amphenol Products, Linotype Group and the Engineered Components Group businesses, including MPB Corp., Neptune International and Sigma Instrument.
