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Article: Merrimac Announces Sale of Substantially All of the Assets of Filtran Microcircuits Inc. to Firan Technology Group Corporation.
- Article from:
- PR Newswire
- Article date:
- December 31, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WEST CALDWELL, N.J., Dec. 31 /PRNewswire-FirstCall/ -- Merrimac Industries, Inc. , a leader in the design and manufacture of RF Microwave components, subsystem assemblies and micro-multifunction modules (MMFM(R)), today announced that it has sold substantially all of the assets of its wholly-owned subsidiary, Filtran Microcircuits Inc. ("Filtran"), to Firan Technology Group Corporation ("FTG") (TSX: FTG), a manufacturer of high technology/high reliability printed circuit boards, that has operations in Toronto, Ontario, Canada and Chatsworth, California.
The transaction was effected pursuant to an asset purchase agreement entered into between Merrimac, Filtran ...