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ABB's Head of LP Tarak Mehta discusses the potential Thomas & Betts would bring to ABB

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Published on Jan 29, 2012

ABB (NYSE: ABB), the leading power and automation technology group, and Thomas & Betts Corporation (NYSE: TNB), a North American leader in low voltage products, today announced that both companies' boards of directors have agreed to a transaction in which ABB will acquire Thomas & Betts for $72 per share in cash or approximately $3.9 billion.

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