WebApr 18, 2024 · April 18, 2024 - 4:08 pm. NEW YORK Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) has entered into a definitive agreement to sell Telephonics Corporation (“Telephonics”) to TTM Technologies, Inc. (“TTM”) (NASDAQ:TTMI) for $330 million in cash. The transaction is expected to close within the second calendar quarter … WebApr 18, 2024 · NEW YORK, April 18, 2024--Griffon Corporation ("Griffon" or the "Company") (NYSE:GFF) has entered into a definitive agreement to sell Telephonics Corporation ("Telephonics") to TTM Technologies ...
TIMELINE - Griffon Corporation
WebNov 16, 2024 · On September 27, 2024, Griffon announced it is exploring strategic alternatives, including a sale, for its Defense Electronics ("DE") segment, which conducts its operations through Telephonics ... WebJun 27, 2024 · “Telephonics has been a part of Griffon for more than sixty years. We are proud of their accomplishments and confident the business will flourish as a part of TTM.” Lazard acted as financial advisor to Griffon for this transaction, and Dechert LLP acted as Griffon’s legal counsel. J.P. Morgan acted as financial advisor to TTM, and O ... djenne on a map
Telephonics - Overview, News & Competitors ZoomInfo.com
WebApr 19, 2024 · TTM Technologies has entered into an agreement to acquire Telephonics Corporation from Griffon Corporation, for $330m in cash. Founded in 1933, Telephonics focuses on delivering intelligence, surveillance, and communications solutions for land, sea, and air applications. The company provides defence electronic solutions to the US and … WebSep 13, 2024 · Telephonics cutting 100 jobs. The positions reportedly include 35 temporary jobs, 35 retirees and the remainder involved in installing new software. Long Island Business News. Oct 20, 2014 — Defense and aviation contractor Telephonics is eliminating nearly 100 jobs, including 35 through retiree buyouts, as a result of decreased …. WebGriffon divests Telephonics Corporation 2024. The sale of Telephonics to TTM Technologies strengthens Griffon’s balance sheet and focuses resources on core … djenne moskee