Shareholders of Arrow Electronics, Inc. of New...
Shareholders of Arrow Electronics, Inc. of New York on Tuesday approved a $130-million takeover of the electronics distribution businesses of Cypress-based Ducommun Inc. Ducommun shareholders approved the sale Friday. Arrow Electronics acquired Kierulff Electronics, Ducommun Data Systems and MTI Systems Corp. for 4.1 million shares of Arrow common stock worth about $40 million, plus about $90 million in cash.
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